The Top 5 Money Mistakes People Make Takes New Look at Personal Finance
American households are worried about debt and managing the monthly bills, they feel anxious about their future. Consumer confidence is low, the housing market is sinking and the mortgage market is i "We provide information you can't find in any other publication on Personal Finances. Most people don't understand how a 14% credit card works out to be a 1,112% loan. People are making critical financial decisions based on incomplete, inaccurate, and misleading information. These fundamental money mistakes keep people stuck on a financial Hamster wheel and they can't find a way off," said Bob Pessemier, who is the author, President of Money Metrics and a Certified Financial Counselor, Accredited Asset Management Specialist and Certified Financial Educator.
These fundamental mistakes, Pessemier contends, are the result of information asymmetry. In economics, information asymmetry occurs when one person has more or better information than the other person and uses it to their advantage. "If someone knows more than you do about a particular financial transaction, say refinancing your mortgage, they have the power to rip you off, to steal money from you, and you'll never know it," warns Pessemier. The book and online class take a unique look at Emergency Funds, Spending Plans, Car Loans, Credit Cards, and Home Loans. It explains the real costs associated with these issues and how people can do them better and save a lot of money in the process. "If you do just car loans, credit cards, and home loans in a different way you can hang on to an extra $1,293,439. The book and online class will show you how," says Pessemier
"We've been teaching the class in the workplace for the last 3 years and the response has been outstanding. People really appreciate the information and find it has real value. We are excited to bring this to a larger audience through the book and online class," said Pessemier. The book will be available July 6 and can be ordered from the website www.Top5Mistakes.com. The online class, available now, is about 1 hour long and is taught by the author. It includes access to guest panelists like a financial advisor, CPA, or realtor and includes a 30 minute Q & A session after the class so people can ask questions and get answers right then. "The online class is very convenient. All you need is a web browser and a phone," Pessemier added. The company has another online class, The Top 5 Mortgage Mistakes People Make - How to Get the Right Home Loan and Save $369,417. "This is the class everyone needs to avoid their own version of a mortgage meltdown," Pessemier said. The book is $14.95 plus shipping and will be available after July 6th from www.Top5Mistakes.com. The online classes are $25 and include a toll-free conference call. "We talk to a lot of people who wish they could take a money mulligan," he added. "This information gives them that chance."
About Money Metrics: ### Press Contact: BOB PESSEMIER
2007-06-18 05:26:55 0117574 PRWEB
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