Ridiculous Report of the Year: Financial Literacy and Subprime Mortgage Delinquency Study

New Study Blog Post Image Ridiculous Report of the Year: Financial Literacy and Subprime Mortgage Delinquency Study

Sorry folks, but time to call “horseshit” on yet another study linking a lack of financial literacy to financial ineptitude. According to a recent study that focused on the relationship between financial literacy and mortgage delinquencies, individuals’ limited ability to make complicated financial decisions contributed importantly to the sharp rise in mortgage defaults.

The study hypothesizes that indirect evidence points to the possibility that cognitive limitations play an important role in the choice of a mortgage instrument.
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The Financial Pivot: How to bounce back from financial adversity and thrive after setback

failure grows plant The Financial Pivot: How to bounce back from financial adversity and thrive after setback

You only fail in life when you say these three words: I GIVE UP!  Go ahead and tell yourself I’m wrong because you won’t convince me!  Not only do I know better, but after close examination, there are many reasons I have previously failed at something going all the way back to grade school.

Guess what was always there lurking as one of the main culprits of those past failures; GIVING UP!  That’s right; if you want to absolutely guarantee failure, go ahead and quit!  Guess what else that means?  You’re actually in control!

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10 things I learned from Financial Literacy Month 2013

Teaching Lauryns Class 2 1024x767 10 things I learned from Financial Literacy Month 2013

Another year, another Financial literacy Capability month in the books. Did it mean anything to you? Did you or anyone you know learn anything or feel less financially inept than last year because of it? Here are 10 things I learned from this years farce:

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