New Book and Online Class Helps People Hang on to an Extra $1,293,439

Seattle, WA -- June 12, 2007 -- American households feel the financial strain.  They worry about debt and managing the monthly bills, they feel anxious about their future, consumer confidence is low, the housing market is sinking and the mortgage market is in meltdown.  What can people do to hang on to more of their money?  A new book and online class, The Top 5 Money Mistakes People Make And How to Fix Them, shows people how they can hang on to an extra $1,293,439.

“Research shows that people worry more about money than any other aspect of their lives, more than work, kids, or their marriage.  They struggle to save, let alone invest.  Most people don't realize they've made financial decisions based on incomplete, inaccurate, and misleading information.  When people make these fundamental money mistakes they find it really difficult to recover, they don’t know what to do, they never achieve real wealth,” said Bob Pessemier, who is the author and a Certified Financial Counselor, Accredited Asset Management Specialist, and Certified Financial Educator.

These fundamental mistakes, Pessemier contends, are the result of information asymmetry.  In economics, information asymmetry occurs when one person has more or better information than the other person and uses it to their advantage.  “If someone knows more than you do about a particular financial transaction, say refinancing your mortgage, they have the power to rip you off, to steal money from you, and you’ll never know it,” warns Pessemier.   

The book and online class take a unique look at Emergency Funds, Spending Plans, Car Loans, Credit Cards, and Home Loans.  The class compares how most people handle these things and shows people a better way that will help them hang on to more of their money.  “If you do car loans, credit cards, and home loans in a different way you can hang on to an extra $1,293,439.  The class will show you how,” says Pessemier

“We’ve been teaching the class in the workplace for the last 3 years and the response has been outstanding.  People really appreciate the information and find it has real value.  We are excited to bring this to a larger audience through the book and online class” said Pessemier.  The book will be available July 6th and can be ordered from the website www.Top5Mistakes.com.  The online class, available now, is about 1 hour long and is taught by the author.  It includes access to guest panelists like a financial advisor, CPA, or realtor and includes a 30 minute Q & A session after the class so people can ask questions and get answers right then.  “The online class is very convenient.  All you need is a web browser and a phone,” Pessemier added.

The company has another online class, The Top 5 Mortgage Mistakes People Make – How to get the right home loan and save $369,417.  “This is the class everyone needs to avoid their own version of a mortgage meltdown” Pessemier said.

“We talk to a lot of people who wish they could take a Money Mulligan,” he added.  “This information gives them that chance.”

About Money Metrics
Money Metrics offers financial education products and services and mortgage advocate services to clients nationwide.  Mr. Pessemier is a nationally recognized author and has been interviewed for articles on MSNBC.com, The Wall Street Journal Online, and Reuters.  

Contact
Bob Pessemier, AFC, AAMS, CFE
President, Money Metrics, LLC
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425.373.4045
http://www.Top5Mistakes.com

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