Three organizations dedicated to financial literacy have joined forces on a year-long coast-to-coast bus tour to provide consumers with information about debt reduction, money management and improving their financial positions. The National Association of Personal Financial Advisors (NAPFA) Consumer Education Foundation, TD AMERITRADE Institutional and Kiplinger's Personal Finance magazine will start their tour on September 29 in Jersy City, New Jersey.
The overall message the companies hope to deliver is that it is never too late to start preparing for your financial future. Volunteer financial advisers will be available at each tour stop to give free advice, conduct workshops, answer questions and address audience members' financial concerns.
The initial tour dates will feature stops in Connecticut, Georgia, Maine, Maryland, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, Virginia and Washington, DC.
The companies were spurred to act by the alarming growth in credit card debt between 1989 and 2006, when consumer debt grew from $69 billion to $1.8 trillion. Today, consumer debt is hovering around $2.6 trillion. The goal of the tour is to help consumers understand the inherent dangers of carrying too much debt, and helping them to reverse this trend.
The group's Web site is www.YourMoneyBus.com
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