Worth Unlimited Responds to Conventional Wisdom About Personal Finance
Time recently listed several common misconceptions about personal finance, encouraging readers not to follow the conventional wisdom--and Worth Unlimited has offered its agreement.
NEW YORK, NY, September 07, 2012
The desire for financial stability and independence is a natural one, as well as a pervasive one in American culture; most everyone wishes to accumulate personal wealth, while keeping debt to a minimum. As such, financial self-help books and seminars are abundant and commonly recited financial tips plentiful. Not all of this conventional wisdom about personal finance can be trusted, however. Recently, a Time Magazine report highlighted some common misconceptions about personal finance, exhorting individuals to avoid following unqualified advice on these matters. The report has won the attention of Worth Unlimited, a company devoted to helping individuals minimize debt while meeting their personal financial goals.Worth Unlimited is a company best known for its Worth Account program, a system that enables consumers to eliminate all their debt including their mortgage in 1/2 to 1/3 the regular time. The system works around the clock to help keep each individual on the right course. As part of this system, the individual, in turn, can reach his or her financial goals with minimal time and effort.
Worth Unlimited has responded to the recent Time article with a new press statement, offering its own endorsement of Time's ten tips. "We couldn't agree more with Time's ten financial tips," says the new Worth Unlimited press statement. It goes on to note that the ten tips can be used in conjunction with the Worth Account system. "The Worth Account from Worth Unlimited enables consumers to seamlessly implement these ten financial strategies, while spending less than ten minutes per month. Pay down debt, build up savings and plan for retirement with simplicity and ease."
Worth Unlimited is committed to the idea that individuals can chart their own course to debt freedom, so its endorsement of the Time article is not a surprise. The first tip on the list is to avoid using debt settlement companies. Conventional wisdom holds that these companies always put the client first, but Time contends that they can open the doors to further problems.
With that said, the Time article is also very clearly anti-debt. The article notes that, according to some, it is a good idea to carry a credit card balance, as a way of building solid credit. The article disputes this notion, noting that the interest accumulated makes this "an expensive mistake" to make.
The article also argues against draining one's retirement funds in order to pay bills; stopping mortgage payments; and closing unused credit card accounts. Each of its ten recommendations is fully supported by Worth Unlimited's Worth Account.
ABOUT:
Worth Unlimited is a company designed to help individuals reduce debt and maximize personal wealth, all through strategic and savvy online financial management strategies. The company developed its Worth Account system as an intuitive online platform, designed to help individuals stay on course, financially. The Worth Account platform offers around-the-clock monitoring and analysis, allowing individuals to gain a comprehensive understanding of their own finances. Worth Unlimited is passionate for helping clients meet their financial goals.
More information about the company, and the Worth Account system, can be found at www.worthunlimited.com.