Non-Profit Group Begins Educational Ads

Non-Profit Group Begins Educational Ads July 22, 2008

Posted by BDO in Organizational.
Tags: ad, ads, advertisements, beating, consumer, Debt, education, educational, finance, internet, loan, monthly, reducing
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Consumers owe $13.8 trillion dollars to loan companies. 54% of workers worry about how much they owe. Consumer debt is growing 6% annually. Facts like these do not get circulated enough. Starting August 1st, BeatingDebt.org will begin a new project of buying internet advertising space to gain more exposure that details the growing negative effects of debt.

Many consumers do not know about the debt epidemic that is growing in our households. Collectively, consumers are contributing more to the nation’s debt than its own government is. Many organizations advertise the government’s irresponsibility with finances by creating their version of a “National Deficit Clock.” However, looking at it more broadly, consumers are borrowing more at a greater percentage than the federal government is, according to the Federal Reserve (http://www.federalreserve.gov/releases/Z1/Current/z1r-2.pdf). From August 1st, BeatingDebt.org will sponsor educational advertisements to alert consumers of this growing problem and the many problems it creates in their personal finances.

Many social problems stem from the mismanagement of personal finances. BeatingDebt.org is dedicated to bringing this knowledge to consumers to help turn the tide of growing debt. Through these educational advertisements, BeatingDebt.org will help raise awareness of the growing negative effects of debt.
If you would like to more information on this project please contact us at: http://www.beatingdebt.org/EducationalAds.htm.