Consumer Debt in America Tips Scales at 2.2 Trillion

September 01, 2006 (PRLEAP.COM) Business News
America is in crisis. Consumer debt has skyrocketed to a whopping $2.2 trillion dollars and in 2005 Americans actually spent more than they took home. As interest rates creep upward, Americans put less and less money away in savings every year. America has appeared to return to the consumer attitude of the 1980’s: “He who dies with the most toys wins”. This mentality continues to plunge American’s further and further into debt while eradicating their savings. Furthermore as fuel increases and mortgage rates increase, people are discovering they are unprepared to manage their household finances. Based on these increases, they are finding themselves facing new credit issues and are seeking ways to reduce spending.

Dr. Taffy Wagner and Bettye Jamerson of the 'Change-A-Life Foundation' are joining the battle against debt, poor credit scores, and budgeting challenges with the Virtuous Woman's virtual three day book tour. This free 'virtual workshop' is sponsored by 'Woman to Woman Virtual Online Magazine' and takes place on Tuesday September 19, 2006 from 10:00 am to 12:00 pm MST at www.avirtuouswomantour.com in the virtual tour booth. Women will be able to participate live at the event from the comfort of their own home or office. There will be time allotted for a one on one question and answer period with Dr. Wagner and Ms. Jamerson after the presentation. Rounding out the three day event are workshops on starting and marketing a home business (Wednesday September 20, 2006), and purchasing a home (Thursday September 21, 2006).

Dr. Wagner is the author of 'Debt Dilemma' and ‘Homebuyer’s Helper’, and is a finance coach for a popular internet radio talk show. Ms. Jamerson is the author of 'Love: The Greatest Choice of All', and 'For the Love of Beulah: Finding your Purpose in Life'. To find out more about this free event please visit the Virtuous Woman Tour website or contact Dr. Wagner or Ms. Jamerson at thevirtuouswomen@avirtuouswomantour.com

CONTACT:
Dr. Taffy Wagner or Ms. Bettye Jamerson
www.avirtuouswomantour.com
thevirtuouswomen@avirtuouswomantour.com
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