“Our goal is to provide resources that make it easy for people to manage their money so they can save more and get out of debt sooner,” said Dan Mastromonaco, co-founder of The Budget School. “This is one way we can help with the financial crisis in America.”
According to the Economic Policy Institute, almost 25 percent of U.S. households now have zero net worth or negative net worth. In 2007, that number was just 18.6 percent. Considering forty-six percent of all Americans carry a credit card balance from month to month, The Budget School was created to release the weight of consumer debt. Their mission is to change the misconceptions about the complex nature of budgeting and offer personal finance solutions through the use of automated budget worksheets.
The owners of The Budget School overcame the burden of debt by utilizing the principles that will be taught within the online learning environment. Lessons are developed, assignments will be suggested and users will have the opportunity to participate in forum discussions and contribute feedback.
The free curriculum will be based on proven concepts that lead to favorable financial conditions. These concepts will be combined with practical budgeting tools for users to customize as their own. Topics include: money management, income forecasting, budget worksheet tutorials, investing, ways to save and ideas on income generation.
Tony Otto, director of Finance at the University of Phoenix, is proactive in his approach to promote financial stability. “As our government deals with the Fiscal Cliff, it’s up to us to do our part by providing finance education to individuals within our reach. We want to help them make informed decisions that will benefit their lives and the lives of their families.”
The Budget School will launch in the first week of December 2012. Take advantage of exclusive offers and subscribe today at: http://www.thebudgetschool.com.
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