Thursday, December 27, 2012

Financial Planning not a Priority for Most Americans?

According to a study done by Allianz Life Insurance Company, Financial Planning is not a high priority for most Americans. Here is a key excerpt from the article the goes into greater detail:

"Eighty-four percent of Americans will not include financial planning in their New Year’s resolutions, according to a new survey by Allianz Life Insurance Company of North America.  The lack of financial focus is the highest it has been since Allianz founded its New Year’s Resolution survey in 2009."

The ability to save and accumulate capital is vital to a productive society. How is this possible if people are not planning their finances accordingly?

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