The Wait is Over ? 21st Century Personal Finance Tools Have ...

The Wait is Over ? 21st Century Personal Finance Tools Have Finally Arrived!

Rochester, NY (PRWEB) May 31, 2012

With tens of millions of Americans struggling with consumer debt burdens and millions trying to save their homes from foreclosure, it is shocking that 19th Century personal finance tools remain the primary option for distressed households. Indeed, the lack of precise and realistic money management tools characterizes the personal finance education industry that is dominated by private banks, credit unions, higher education, nonprofit foundations, personal finance gurus, and especially federal and state government agencies. Even the President?s Advisory Council on Financial Capability has ignored its leadership responsibility to develop and promote more accurate and innovative approaches to personal finance in general and household budgeting in particular. Americans need and deserve so much more during this period of economic uncertainty.

The key question is why are financial institutions and even public agencies continuing to use antiquated personal finance software/methods and related budgeting/money management curricula rather than more practical approaches that address the complexity of contemporary household finances? In particular, why are American households encouraged to use gross income assessment tools when their economic reality is that household expenses must be paid from net income? Is there a reason that these personal finance tools provide the illusion of greater financial control and yet lead the average American to higher levels of consumption and ultimately consumer debt?

With this ongoing leadership crisis in the personal finance education industry, the DebtorWise Foundation is pleased to announce the release of its pathbreaking, net cash-flow budgeting/ personal finance Credit Counseling course that is based on the IRS 1040 federal tax guidelines. Rather than a ?one size fits all? approach to personal finance with its inherent imprecision, the DebtorWise Foundation?s money management software/curriculum enable consumers to: (a) specify the unique economic characteristics of their household, (b) calculate their monthly net income, and (c) customize a household budget based on the financial constraints of their net cash-flow. The key features include household size/structure, tax filing status, and state and local income tax liabilities. Furthermore, the DWF budgeting software is accompanied with a state-of-the art document management/data verification system.

According to Dr. Anita Butera, Esq, Director of Bankruptcy Education, ?it is striking that Americans are berated over their lack of personal finance skills. Yet, the so-called experts promote personal finance tools that are more appropriate for the age of the horse and buggy than the Ipad generation. At DebtorWise, we have harnessed the scholarly vision and academic precision of our founder?Dr. Robert D. Manning ?to better serve those Americans that desperately need our practical guidance and innovative budgeting software/courses/assistance.?

As Dr. Butera explains, ?Imagine trying to develop a budget based on gross income that ignores state and local taxes, itemized tax deductions, and even homeowner status. You can easily overestimate available household income to pay monthly expenses by 20% ? 25%. And, try evaluating whether a mortgage modification is affordable when you don?t know the net cost of lower loan (tax deductible) interest rates. No wonder so many hard working families are confused over balancing their budget ?with gross income?when they realize that they don?t have enough money to pay their bills at the end of the month! Is it surprising that so many people give up on their personal finances?? With the goal of bridging this informational deficiency, the DebtorWise Foundation is offering the first net cash-flow budgeting curriculum that is based on the IRS 1040 federal tax guidelines.

The DebtorWise Foundation is the nation?s leading innovator in online financial education courses and personal finance software. Founded by Dr. Manning, an internationally recognized consumer finance scholar, the DebtorWise Foundation is a nonprofit organization dedicated to providing affordable financial education to financially distressed and low-income households. It provides the pre-filing Credit Counseling and pre-discharge Debtor Education courses that are required by the Federal Court for filing consumer bankruptcy. Dr. Manning?s most recent monograph examines Walmart?s expansion into consumer financial services in the United States with a case-study of Banco Walmart de Mexico.

For more information contact:

Donna Slavin,

Director of Special Programs

d.slavin(at)debtorwise(dot)org

(585) 270-8398

###

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Listen to the Engadget Mobile Podcast, live at 11:30pm ET!

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Calisthenics Kingz ? Killer ABS [1 AVI + RUSSIAN SUB] (Health ...

Want to get amazing looking abs ?? Are you willing to push yourself to the limit and beyond to achieve those great looking abs you see on the cover of fitness magazines & on T.V. ?? Well Hit (of Calisthenics Kingz) has put together a phenomenal program geared for both men & women wheather your a fitness guru or just a beginner this program will GUARANTEE you major results (if you follow the program exactly as it?s designed) Hit?s solution to getting KILLER ABS, program was designed to target burning bodyfat especially in the abdominal area, help boost your metabolism to burn more calories, and most importantly sculpt & strengthen the core muscles. The program exercises focus on working all section of the abdominal muscles, the upper, lower & obliques without neglecting any part of the abdominals. you also get a total full body conditioning doing this program, increasing agility, endurance & stamina, which contributes to a better overall performance. Adding this program to your current fitness work-out or just doing this program alone will help you achieve those great looking abs. Remember KILLER ABS=KILLER BODY !!
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Gamer Escape ? Gaming Community featuring News, Wikis ...

Quantum Conundrum is now available for pre-order on Steam. But if that?s not enough to get you ready for the fluffy dimension, you can also save 10% by pre-ordering the game. What? That?s not enough either? Well how about if they throw in three items for Team Fortress 2 on top of all that?

• The Atomic Accolade ? Skip past all the boring busywork of science and get right to the exciting part: the fabulous prizes! This prestigious ribbon certifies your bravery in the field of excellence.
• The Quadwrangler ? This quantum-collared lab coat includes a handy rubber pipe that siphons blood from your heart, where it is not needed, to your shooting arm, where it is!
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There are a lot of sports acti?

There are a lot of sports activities events that people put their heart inside. They have the passion for fun and adventure. That can be played in the compacted snow is what most of us wished to carry out especially during the season of winter.

We would love to form different things, throw snowballs at each different or jump into the cold and soft snow. Some people would open up our closets to see our roller skating shoes, skiing resources snowboards.ds. Snow boarding is among the very best undertakings on this planet that brings a lot of fun and joy to a great number of men and women. It is one of the extreme activities that we can perform in the compacted snow.

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If not they can shop snowboarding equipment anytime and complete them before going through the challenges with the snow. There are a great number of places where he can go and grab the very best sports elements. From visit toe, any athlete must have an appropriate outfit and possess the right equipment for the main function. There are many places as well as sources where you can purchase them.

Snowboarding stores are available to offer you the wants. They are able to also provide you with a wide range of advices as to the proper tools that can be of great use to people. The advantage of outlets is that you can easily personally touch the standard of the fabric and witness the true form of the tools. Through this particular, you can test it by yourself if it really fits you. You may also personally inform any sales representatives associated with what you are seeking and they will be the one to lead you to that corner.

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Venturing on the tremendous event like snowboarding is not extremely hard. The equipments necessary are not difficult to find. The product quality and the associated with the product is what we always given to mind. There are a great number of stores through the internet or even in establishments today that will give you with the latest designs intended for protective gears and garments. All you have to perform is take some time to create comparisons and choose wisely the materials that will give you comfort and no complications.

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Choosing Energy-Saving Lighting Products Save You Money ...

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If you?ve been to a home improvement store lately, you?ve probably noticed more and more energy-saving light bulbs available on the shelves. Traditional incandescent light bulbs give off about 90% of the energy they use in the form of heat, and only 10% as light, making them a major money-waster compared to better lighting options that are currently available. Lighting homes and businesses with more efficient products is one of the easiest ways to reduce America?s reliance on fossil fuels and save money.

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