(PRBuzz.com) November 19, 2012 -- Money Journal is a new online magazine launched to help consumers reduce and eliminate debt, save a lot of money on everything purchased and provide insight to improve household money management.
During the Great Depression, consumers accepted rations at the highest level in U.S. history. Seventy-two years later it happened again, and millions of Americans are still struggling. Food stamps and welfare lines are the highest in history.
Wall Street and bankers formed an unprecedented alliance to send the nation's economy into a disaster in 2008 along with millions of Americans who eagerly borrowed too much money on everything from homes to cars and boats. Millions of homeowners have been through foreclosure, with millions more expected to suffer the same fate.
Money Journal offers lots of insight for consumers to improve their financial situation, including popular guides like 7 Steps to Get out of Debt Sooner and 5 Steps to Being Debt Free. The U.S. savings rate and the unemployment level are slowly improving as the U.S. economy shows signs of improving. Consumers feel the pinch in nearly every household. Get the advantage you need at Money Journal