News from PFEEF 
August 28, 2008
 
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"Met Life Study of the American Dream"
 
The 2008 MetLife Study of the American Dream found that Americans no longer regard the achievement of the dream as a discernable destination in life, but rather as an on-going and increasingly challenging pursuit of financial security. For most Americans, the ability to achieve or sustain the American dream was imperiled by a major financial burden shift - a weakening of traditional social and corporate safety nets (such as Social Security and corporate pensions) that increasingly shifted financial responsibilities towards individuals.
"NUMBERS" - IRS Garnishments
 
According to Fiscal Year 2007 IRS Enforcement and Service Statistics, the IRS issued nearly 3.8 million wage garnishments and levies against taxpayers. That number increased 17 times since fiscal year 2000 when just over 200,000 were issued. Source: L. A. Vitt & K. L. Murrell, You & Your Money: A No-Stress Guide to Becoming Financially Fit. (click here)

Favorite Quote

"Your present circumstances don't determine where you can go; they merely determine where you start."  Nido Qubein, President of High Point University

"Featured Partner - Best Provider "

 
Financial Peace Workplace Edition provides the most effective personal financial learning experience available! It combines the expert presentation of financial information, with small group accountability, 12 weeks of personal support with an on-site facilitator, and 15 weeks of hands-on exercises via an interactive online program. Refresher classes are offered nationwide, at no additional charge making this the most comprehensive, cost-effective, financial education program currently available to employers.   

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