The Binary Options Experts released a blog post discussing "The Sidewalk Roadmap"—a concept that illustrates the financial pitfalls that American consumers tend to fall into, preventing them from achieving financial security and success.
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New York, NY (PRWEB) December 17, 2012
Despite the U.S. economy's continued struggle with unemployment and a pervading unrest brought about by the approaching fiscal cliff, consumer spending is still expected to rise during the coming Christmas season. In light of these events, The Binary Options Experts, a leading trading consultancy for that guides investors and traders from across the globe to trade binary options, has released a blog post discussing "The Sidewalk Roadmap"—a concept that illustrates the financial pitfalls that American consumers tend to fall into, preventing them from achieving financial security and success.
According to the U.S. Commerce Department, retail sales rose 0.3% last month, rebounding from October's 0.3% decline. The Labor Department also recently reported that initial claims for state unemployment aid fell for a fourth straight week, dropping 29,000 to a seasonally adjusted 343,000—the lowest level since early October this year.
Despite these slow but positive developments in the country's economy, The Binary Options Experts encourages consumers to remain vigilant in improving their mindset and behaviors in terms of spending and managing money. As a distinguished firm that provides helps people successfully generate good binary options income and take charge of their personal finances, The Binary Options Experts asks consumers to evaluate their financial performance in 2012 and begin making the necessary changes and improvements for a brighter and more secure life in 2013.
"The Sidewalk is the plan most traveled—a contract for a pleasurable today in lieu of a more secure tomorrow," the company's experts explain in their latest blog entry. "Most people are lifelong followers of the Sidewalk Roadmap. A Sidewalker's financial destination doesn't exist. The plan is to have no plan."
The concept of the Sidewalk illustrates the American consumer's tendency to fall prey to a number of flawed perceptions about debt, income generation, wealth building, and even life in general. Purchasing goods on credit, refusing to put money away in savings, aiming for high-income jobs without a proper savings and investment strategy in place, and dismissing future consequences—all of these habits, says the consultancy's investment professionals, are setting Americans up for a life of financial struggle and instability.
"In a 2007 U.S. Census Bureau survey, 61% of all people who earned income earned less than $35,000/year," cites the company's spokesperson. "Sidewalkers are the majority. An estimated 60% of adults live their lives on the Sidewalk." While these individuals have modest to substantially high incomes, poor wealth management and a lifestyle dictated by a need for instant gratification spell trouble for them and their families.
Living paycheck to paycheck, viewing credit as a means of supplemental income, filing for bankruptcy, hopping from one job to another, seeking the "get rich quick" route, failing to get insurance, and having negative net worth and little or no savings are all behavioral patterns that point to financial irresponsibility and prevent a person from truly experiencing the benefits of positive financial habits. By recognizing these patterns, say the experts, the cycle of negativity can end and transformation can finally begin.
“Review the last 12 months,” the company's financial experts advise as they wrap up the blog entry. “What worked and what didn’t? Set your goals for the next 12 months. Don’t wait until January 1st – get a head start on your new life!”
The Binary Options Experts makes use of solid trading strategies to generate a good binary options profit. “Binary options are a new means of investing,” shares the company's spokesperson. “Rather than buying an asset, an investor speculates on the direction it will take.” The company also created the revolutionary publication entitled Binary Options Profit Pipeline: Unleash the Power of Binary Options. For more information on their trading strategies, visit the website: http://www.binaryoptionsexperts.com.