HelloWallet Review
This HelloWallet Review is to inform the public of a new independent source of financial information that is not connected to any financial institution. Their main goal is to turn the tables on the banks and make their financial markets work for the good of the public instead of big financiers who caused the last recession.
The reason this advice company is so important is that over 80% of the American public do not have a financial counselor. An independent source of information that is unbiased and constructive is needed to give direct help to the American consumer.
An example of why this service is needed comes from the Pew Charitable Trust report which stated that over $34 billion of overdraft fees were paid just last year by the American consumer. This occurred despite the fact that 70% of the accounts that were charged these fees had sufficient funds in savings that would have prevented this fee from being charged to their accounts. Their report went on to say that over 20 million Americans have their money in low interest bearing checking accounts and 10 million did not have a checking account.
As part of the Campaign for American Workers Initiative, the federal government gave two of the non-profit Rockefeller foundation organizations $70 million to help low income Americans with their financial needs. 10,000 Americans were thus given subscriptions to HelloWallet as a result.
In total, HelloWallet represents 3.5 million Americans with their financial needs with 24/7 personal money management support and monitoring. For recognition of their work for the public good, this organization was recognized at the Clinton Global Initiative 2009 Annual Meeting for its commitment to trustworthy sophisticated financial guidance for the public good.
Before deciding on any bank rates, seek qualified help and ask for help from HelloWallet. Review of their work is reason enough to listen.
Related Posts:
Comments
2 Comments on HelloWallet Review
-
Best Money Management Software | Online Banks on
Wed, 17th Mar 2010 6:06 am
-
Best Bank Rates – What You Need To Know | Online Banks on
Thu, 18th Mar 2010 5:11 am
[...] additional resources about managing money please view HelloWallet Review on this [...]
[...] additional resources about managing money please view HelloWallet Review on this [...]
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
