Younger generations refuse to get credit cards because they believe it will make them feel like they have a lot of money - even when they really don’t.
Philadelphia, PA (PRWEB) June 17, 2013
The country’s leading debt relief company is more encouraged than ever to provide debt education as Millennials are showing signs of better money management skills than the other generations.
National Debt Relief is happy with the news for JSOnline about how “Millennials give credit cards the cold shoulder.” The article states how younger generations refuse to get credit cards because they believe it will make them feel like they have a lot of money - even when they really don’t.
The American Fair Credit Council (AFCC) member is known for having an extensive resource for debt and debt relief information and they are happy with the attitude of Millennials towards their finances. While the company is not bold enough to say that credit cards are the root cause of American debt, they have observed how it promotes a lot of bad spending behavior in consumers. After all, credit card debt continues to be the top three debts that the average American household is burdened with.
National Debt Relief is an authority in anything related to debt and debt relief. Proof of this is being declared as the number one debt relief company by two independent review sites: TopConsumerReviews.com and TopTenReviews.com. This authority is not wasted as the site continues to provide debt education - posting approximately one article every day.
One of the most recent publications identified the qualities of a consumer that has all the potential of going broke. The title of the article is “How To Know If You Might Be Broke In 10 Years.”
The article began to question readers about how they think they are doing financially. Then they proceeded to identify certain signs that makes them a good candidate to be broke in 10 years. It included being inactive when it came to negotiating their salary, not having savings or any retirement fund set aside. It also discussed how their childhood and parents will shape how they will manage their money.
Of course, the article included being in debt as a sign of a looming financial crisis. The article ends with tips on how to get rid of debt through either credit counseling, debt consolidation loan or debt settlement.
National Debt Relief is primarily offering debt settlement but those who will call their IAPDA (International Association of Professional Debt Arbitrators) certified debt experts will be directed to the right solution - settlement or not.
Read the whole article about “How To Know If You Might Be Broke In 10 Years” in their official website. Browse through the rest of the site to get relevant information about debt, debt relief and personal finance management.