Financial Literacy - Is it Time to Change the Model?

The money model that our grandparents used is outdated- It is Time to Change the Model
http://www.bankrate.com/brm/news/financial-literacy/whos-literate-home.asp

The above article was written in 2003 and posted on bankrate.com. I think it's safe to say that it represents the model used by our parents and grandparents. However, I think it's also safe to say that it didn't work for the larger majority of us. Most Americans don't save money like it has been suggested. According to the article older Americans saved but younger Americans considered themselves spenders.  For example, Asians save 20% of their income on a regular basis. They have made it a habit. This is not a habit that Americans have adopted. Therefore, it's time to come up with a new model. 

I suggest checking out Loral Langemeier of http://www.liveoutloud.com/. She suggests that it is time for a new money model that would fit right in with the larger majority of Americans -- Make More Money.

There would still be some changes in mindset, attitude and behavior that would be needed to make the transition a smoother one and Loral and her team can help you with that.

Robert Kiyosaki of Rich Dad fame suggests that savers are losers. Read this article to have a better understanding. http://finance.yahoo.com/expert/article/richricher/1224.

Because you need to understand what happened in order to grasp what is going on now and what you need to know and do to become financially literate because the rules of money have changed.