Discouragement is a powerful emotion that can test the mettle of any household
Philadelphia, PA (PRWEB) June 12, 2014
Debt Consolidation USA discussed in an article published last June 9, 2014 two key issues that are keeping consumers in a perpetual state of financial crisis. The article titled “2 Issues That May Be Fueling Your Financial Crisis” relates as well the relation of how the middle class is losing the status as the world’s richest with the improving US economy.
The article points out that the American middle class, who use to be among the elite in the world in terms of financial capability is behind numerous developed countries. This development is in the face of an improving and recovering US economy. One of the reasons for this decrease in status is challenge in increasing income inequality among professionals across the board.
On top of this, the article also shares the two consumer issues that are keeping people in a financial crisis. There are issues more than money and income that are often overlooked by consumers because the issues has no direct relation to increasing the income. But there are valid points about the issues that must be carefully studied by the US consumers.
The article explains that the first one is expectations. Most consumers are working on a set of fixed notions gathered from observing colleagues and peers on what the financial and asset inventory should be at certain points in a consumer’s life. Expectations can serve best as a target and goal but for consumers those who are unable to reach these expectations should guard against disappointment from turning into discouragement.
Discouragement is a powerful emotion that can test the mettle of any household. It can serve two purposes, strengthen the desire to achieve or lower down the drive to succeed. Being in a state of financial crisis could sometimes very well be just a decrease in a desire to succeed. The article explains that expectations plays a big part on the two outcomes.
The second one is standard of living. The article shares how quality of living is more important the the perceived standard of living. It is not always how much money a consumer earns. Getting out of a financial crisis could mean the little things like 410(k) contribution or health care benefits. These moves increase the financial standing of any consumer.
To read the rest of the article, click on this link: http://www.debtconsolidationusa.com.