Help Spread Frugality
A number of consumer advocate groups are teaming up in hopes of spreading the frugal gospel. In what will hopefully be a successful nationwide advertising campaign, the groups will try to change the spend first, borrow/spend second, and save last attitude that has slowly become our norm.
This new coalition has released a report, which mainly explains the relative ease debt is to acquire. Also in the report, are a number of consumer friendly proposals to help slow our spending and promote savings. MilkYourMoney applauds this and other similar efforts to educate our financial literacy starved country.
Because financial blogs are starting to reach people in big numbers and usually on a daily basis, we challenge bloggers to try to piggyback this nationwide advertising campaign and send a much needed unified message of frugality and basic financial education. Hopefully, our schools will soon mandate financial education at early ages and continue to progress the complexity of the education all the way through graduation. Education has the potential to keep us out of man-made situations like the one our country currently finds itself. Again, we congratulate these consumer advocates for bringing attention to the issue of financial literacy and we hope to contribute to the cause.
The list of participants:
- The Institute for American Values
- The Institute for Advanced Studies In Culture
- The New America Foundation
- Public Agenda
- Demos
- The Consumer Federation of America
- The National Federation of Community Development Credit Unions
Check back with us later on to see the answer to the mysterious missing stimulus check ordeal…
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