InvestmentU.com: A New Solution to American Consumer Debt Woes

According to the Wall Street Journal article "College Students Need Lessons in Prudent Credit Card Usage" by Amy Hoak, 76% of undergraduate students owned a credit card in 2004. Their average balance was $2,679. http://www.investmentu.com/press/DVD.html

New York, NY PRWEB) September 28, 2006 -- According to the Wall Street Journal article "College Students Need Lessons in Prudent Credit Card Usage" by Amy Hoak, 76% of undergraduate students owned a credit card in 2004. Their average balance was $2,679.

But what's worse, according to Hoak, is that these balances don’t stem from necessities...but on liquor, pizza, and cell minutes. And once these students graduate, they'll end up paying close to $18,000 in interest charges on this debt – more than twice the amount owed.
And it won’t end there. According to the financial web site, InvestmentU.com, 102 million Americans have credit card debt - $9,000 worth of it. For those that don’t know any better, making minimum payments, it’ll take you 30 years to erase that debt.

College Students Need Lessons in Prudent Credit Card Usage

It doesn't matter whether you're 20...30… even 50 years old – debt is crippling many Americans’ financial future. But it doesn't have to be that way. http://www.investmentu.com/bin/i/f/Consumerdebt1.gif

The Most Valuable 30 Minutes You’ll Ever Spend
Fortunately, the folks at Investment U have created a 30-minute DVD called: Investment U: Taking Debt Out of Your Future. In it, you’ll learn the strategies and techniques favored by some of the world’s foremost financial minds for overcoming debt and beginning the journey toward real wealth.
You'll hear from Dr. Mark Skousen (the current voice of Investment U), Dr. Steve Sjuggerud (Chairman Emeritus of Investment U), and Dr. Van K. Tharp (founder of the International Institute of Trading Mastery) as they share real-world solutions on how to...

• Break Free From Debt in 6 Simple Steps
• Avoid the Pitfalls of Credit and Eliminate Them Once and For All...
• The Single Common Element for Creating Any Profitable Investment Plan...

http://www.investmentu.com/press/DVD.html

http://www.investmentu.com, an educational investment e-letter, brings dynamic market information to more than 300,000 subscribers each day. For more information about our editors, or to set up an interview, please contact Juan Muñoz at 410.223.2693, or visit http://www.investmentu.com

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