With Trillions in Consumer Debt Worldwide MoneyNing.com Offers Money Tips for Struggling Families

Irvine, CA (PRWEB) March 13, 2011

The latest MoneyNing.com post offers practical money tips for families burdened with debt and struggling to create financial security. The post entitled 20 Top Personal Finance Tips to Teach Your Kids (and Yourself!) is available at http://MoneyNing.com/.

The Daily Mail announced this week that personal debt in the UK has risen to £1.4 trillion, with the average household debt in their nation at an astounding £57,635. Even with as high as the UK numbers are, when it comes to consumer debt, Canadians and Americans both surpass their British counterparts.

According to TheEpochTimes Canadians carry an average household debt of $ 112,000 for a combined total of $ 1.5 trillion. The situation is even direr in the US where total consumer debt is a whopping $ 2.4 trillion.

Recognizing that people are struggling under an unprecedented debt load, personal finance blog MoneyNing.com recently offered consumers hope with its recent post entitled 20 Top Personal Finance Tips to Teach Your Kids (and Yourself!). The post’s author Vered Deleeuw offers a series of practical money tips including encouraging families to avoid bad debt.

Deleeuw explains, “This mainly addresses credit card debt. There’s nothing good about this debt, which tends to quickly snowball out of proportion, making it extremely difficult to pay off.”

Deleeuw continues, “Avoid it at all costs – even if it means you can’t keep up with the glitzy neighbors.”

David Ning launched MoneyNing.com in 2007 to help consumers avoid making costly money management mistakes. The comprehensive personal finance blog covers a variety of issues including debt reduction, smart investing, and frugal living.

These practical, straightforward money tips have earned MoneyNing.com top ranking with a following of 300,000 monthly readers and a growing Facebook fan page. Content from the popular blog has been featured on the NYTimes.com, Time.com, and USNews.com.

David Ning is an author, trusted advisor and founder of MoneyNing.com as well as a regular contributor to the “ON RETIREMENT” section of USNews.com. Ning focuses on money tips for those seeking to build wealth slowly over time through smart management of their capital resources.

Subscribers to MoneyNing.com have access to a growing library of personal finance information including

David Ning’s free eBook How to Save Money on Everything, a weekly newsletter, and a 7-part mini e-course full of useful money tips.

Or, to read the 20 Top Personal Finance Tips to Teach Your Kids (and Yourself!) post in its entirety go to http://MoneyNing.com/.

To learn more money tips and subscribe to the newsletter, visit http://MoneyNing.com/.



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