Over 86% of American families cannot afford to miss even one paycheck [Fortune, American Prospect, Market Watch, Prosperity Now] including families with higher incomes. The 2022 Survey of Household Economics and Decision making (SHED) conducted by the Board of Governors of the Federal Reserve System indicate a decline in peoples’ financial well-being over the previous year. The survey, which was fielded in October 2022, found that self-reported financial well-being fell sharply and was among the lowest observed since 2016. 47% of families can not cover a $400.00 unexpected expense, 61% can not cover a $1,000 unexpected expense: they do not have a cash “Safety Net” or ” Emergency Fund” so that they can deal with even small unexpected expenses without borrowing. The SHED Appendix B with consumer response data and Appendix A with the survey questions is available for public review.
According to a Pew Research article published in December 2022, one-in-four U.S. parents say they’ve struggled to afford food or housing in the past year. Debt sucks up almost all of the money that we work hard to earn, we face a retirement eating dog food on social security at best, and if any little thing goes wrong we’re likely to be homeless. Does that sound like the American Dream to you? I think it is more of an American Nightmare! Yet that is the reality for four out of five American families. It should not be so, and here at Adult Life Training, Inc. we are changing that, family by family, across America right now. We will help you, too: The morning cometh, and also the night: if ye will enquire, enquire ye: return, come. (Isa 21:12)
If you’ve felt like you never can get ahead with money, listen: You can change your future—and the best way is with other people walking alongside you.
Our public charity is hosting Financial Peace University classes, which have helped nearly 10 million people win with money! And you can join one of these classes completely free, using your Ramsey+ membership, which we will also provide, for free. If you haven’t already, you can claim your free membership here: https://alt-fw.org/outreach/!
We meet online Monday, or in-person Thursday, so you won’t even have to leave home.
Our next Financial Peace classes will start soon.
Register on this page: https://alt-fw.org/outreach/
Your free membership to Ramsey Plus includes your member workbook and a free year of Financial Peace Membership, with online tools created to support your journey, underwritten by a generous grant from the 3Rivers Credit Union Foundation. 3Rivers is here for you: here for good! And by a grant from Fort Wayne Door, Inc. Fort Wayne Door is your complete garage door services center. And by a generous grant from Abundant Life Church. I’ll see you there, it’s a great place to be! There’s always something happening at A.L.C. And by grants from American Programmers Independent, LLC. When you want something done, call API.
Message me kubulai on FB or email jdnash@alt-fw.org.
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