Money Management & Organization
How can I help members stay out of debt and in better financial health?
The Federal Reserve Board reports outstanding consumer credit in revolving, open-ended
loans hit a record $797 billion in February 2005, more than double the mark 10 years earlier.
Budgeting and credit and debt management would appear to be areas where your members need
help most. Inform them about the dangers of misusing credit and overspending, and show them
how budgeting and saving money can save their financial health.
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