Right now, financial literacy rates are moving in the wrong direction. [We] are working to reinforce the fundamental concepts and behaviors surrounding saving money that will help readers keep priorities in check and establish better savings skills.
El Segundo, CA (PRWEB) October 19, 2012
In their mission to educate readers about the importance of proper money management, as well as continue the push for greater financial literacy, Go Banking Rates personal finance experts – Casey Bond, Managing Editor and Jennifer Calonia, Editor, provide their most important lessons about saving money that parents often fail pass on, just in time for the holiday shopping season.
"Right now, financial literacy rates are moving in the wrong direction. Ms. Calonia and I are working to reinforce the fundamental concepts and behaviors surrounding saving money that will help readers keep priorities in check and establish better savings skills."
Because parents often lack the tools and resources needed to educate their children about the importance of saving money, Go Banking Rates took the opportunity to remind readers of the integral lessons regarding saving before the rush of the holiday season tempts them into tapping into their funds.
Ten important lessons provided by Go Banking Rates' editors include:
1. Pay yourself first.
2. Spend less than you earn.
3. Understand the difference between “want” and “need.”
4. Stop competing with others and be happy with what you have.
5. Pay off all your debts before spending on anything else.
In addition to this top 10 list of expert tips, readers are provided with practical advice they can use to apply the lessons to their own financial situations.
Ms. Bond and Ms. Calonia are available for comment and/or interview. They may be contacted via email at caseyb (at) consumertrack (dot) com and jenniferc (at) consumertrack (dot) com, respectively.
About Go Banking Rates
Go Banking Rates (GoBankingRates.com) a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools.
GoBankingRates.com is a division of ConsumerTrack, Inc., an 8-year leader in online lead generation, performance-based marketing, and customer acquisition in the financial, insurance and credit sectors. The company’s portfolio of 1500 finance websites includes GoBankingRates.com, GoInsuranceRates.com, and GoFreeCredit.com. These sites receive more than 2 million visits each month.
For questions or comments, please contact:
Jaime Catmull, Director of Public Relations
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