Home » Mortgage Planning » Currently Reading:

Paying Off Your Mortgage is a Mistake

April 28, 2009 Mortgage Planning 3 Comments
post thumbnail

If you are even thinking about paying off your mortgage, think again. Why is the Federal Reserve Bank of Chicago reporting that Americans are making the “wrong choice” when it comes to pre-paying their mortgage and saving for their retirement? Find out EXACTLY why and how you can empower your financial future. Live event and financial workshop April 22, 2008, 7 p.m., Oakbrook, IL.


Many people today are feeling more isolated, confused and powerless as they are bombarded with negative news about our country and economy


Oakbrook, IL (PRWEB) April 21, 2008 — MatthewSapaula, Inc. will host an event April 22nd, 2008 to help middle class homeowners and real estate investors better manage their money more wisely. They will review strategies on how to maximize a homeowner’s greatest asset-their home, protect them from dropping property values and explore options on how to secure their financial future during uncertain economic times. This event is one of more than 350 free classes, seminars and activities promoting financial education that will take place during Chicago’s Money Smart Week April 20-26th, 2008.

Matthew Sapaula, President of MatthewSapaula, Inc.
Matthew Sapaula, President of MatthewSapaula, Inc.

“Many people today are feeling more isolated, confused and powerless as they are bombarded with negative news about our country and economy,” says Matthew Sapaula, President of MatthewSapaula, Inc. “Our workshops will help shed a different light to allow attendees to rethink and redefine how to maintain control of their financial future during these unique times.”

Their workshop, titled House Rich, Cash Poor…American Dream to American Trap and How to Avoid It, is sponsored by Wachovia and will be held at 7 p.m. CST at the Oakbrook Marriot, 1401 W. 22nd St., Oakbrook, IL 60523, intersection of Cermak and Route 83. Special guest book signings will be held by financial authors James Kraiss, CFP and David Muti, JD who wrote Discovering Life’s Hidden Financial Treasures and Mortgages: What You Need to Know, respectively. For seat reservations, free report and audio download, call 800.955.0589 or visit http://www.moneyinmotionseminars.com

Coordinated by the Federal Reserve Bank of Chicago and its Money Smart partners, Money Smart Week is designed to educate consumers about money management and create awareness of financial education programs on a wide range of topics such as budgeting, retirement savings and using credit wisely.

The educational activities will be carried out by more than 200 local community groups, businesses, schools, and non-profit organizations.

“Money Smart Week celebrates its seventh anniversary in Chicago and continues to provide many different opportunities for people to learn about managing their personal finances,” said Chicago Fed President Charles Evans. “This year’s calendar features diverse and numerous events for a broad range of consumers. During this week, attendees will have many chances to learn where good personal finance information is available.”

Additional information and a calendar of events for this year’s Money Smart Week are now available at http://www.moneysmartweek.org/chicago

Currently there are "3 comments" on this Article:

  1. It is time for someone to speak out about how to educate consumers about money management and create awareness on financial education programs on a wide range of topics such as budgeting, retirement savings and using credit wisely.

    The advantage on having this is that, if you’re not a techy person and have no time to RSS, download podcast or listen to audiobooks, you still get the chance to get educated live on the radio by Matthew Sapaula while you’re on your way to work or even to a party by simply tuning in your car’s radio… a very good way of combining both traditional and new age media.

  2. Judith says:

    If a firm employs an increasing majority of the population are driven solely to satisfy the owner’s greed at the expense of working conditions, of the stability of the community, and of the health of the environment, chances are that the quality of our lives will be worse than it is now. Having the opportunity to hear Matthew Sapaula on radio and having seen him on his TV interviews, I would say that it is time for a Samaritan to come up an speak out for what can be beneficial and practical for most of us who may need guidance in terms of financial coping…

  3. Margarett says:

    Many business leaders are asking fundamental questions about what business they’re in, why they are doing it and how it can be used as a means of healing human and natural communities…Why? because this is the main source of making life worth it… And this is what I appreciate about this radio show and website… practical, realistic and honest service to individuals who appreciates great quality of living…

Comment on this Article:







Money Smart Radio – Listen Now!

IN ACTION

Announcement

Subscribe to Our Email Updates Today!

You receive up-to-date valuable free videos, exclusive webinars, tele-conferences and FREE gifts just for being part of our community!

First Name *
Email *

Featured Experts

  • Barry Kaye

    Barry Kaye founded the Wealth Creation and Preservation industry, which today is a professional focus of countless attorneys, financial advisors, and life insurance salespeople. Between them, those engaged in the ever-burgeoning field have helped to preserve and create over $15 billion in saved estate tax costs and optimized assets for their clients. Barry Kaye was also the catalyst for the development of the type of life insurance policy — the last-to-die, survivorship policy — which is the single most effective [...]

  • Wes Moss

    Wes Moss is a CERTIFIED FINANCIAL PLANNERâ„¢ professional and partner at Capital Investment Advisors Inc., one of the largest fee-only planning firms in the state of Georgia. His goal is to help listeners and clients make smarter financial decisions – helping them sleep well at night. Wes assumes the helm of the show originated by the late Mike Kavanagh, who was also a CERTIFIED FINANCIAL PLANNERâ„¢ professional and partner at Capital Investment Advisors, Inc. Host of “Money Matters” on News Talk [...]

  • Ed Gjertsen

    What is a “Safe Money Strategy” today? Ed Gjertsen, CFP and Chairman of the Illinois Financial Planning Association is also a vice president of the financial planning and money management firm of Mack Investment Securities, Inc.  He has been a certified financial planner for more than 16 years.  He founded the Mutual Bond Group, an organization dedicated to guiding surviving spouses to financial independence.  Gjertsen is past president and chairman of the Financial Planning Association of Illinois, and co-founded the [...]

  • DANI JOHNSON

    Dani Johnson is an internationally sought after speaker, best-selling author, success coach, financial and relationship marketing expert and founder of Call To Freedom Int’l, a personal achievement and corporate training company. Dani knows first hand what it takes to overcome adversity and succeed in life. She went from growing up in an abusive, drug afflicted home to striking it out on her own in business at the early age of 19, only to wind up destitute and homeless living out [...]

  • Tim Higgins

    Tim is a CERTIFIED FINANCIAL PLANNERâ„¢ (CFP®), Chartered Financial Consultant (ChFC®), Certified College Planning Specialist (CCPS), and Chartered Mutual Fund Counselor (CMFC®). He is a graduate of Wesleyan University and has managed his financial planning practice for over 10 years in a suburb of Boston. In addition, he has appeared in SmartMoney Magazine, Money Magazine, The Associated Press (AP), InvestmentNews, The Chronicle for Higher Education, and on The Lou Dobbs Show, MSN Money, CNNMoney, NECN, and WBZ-TV in Boston. Visit [...]

  • Gene Amromin

    Gene Amromin is a senior financial economist in the financial markets group at the Federal Reserve Bank of Chicago. Prior to joining financial markets group in 2008, he had been a financial economist since 2005 with the payments studies group at the Chicago Fed. His research interests include household financial decision-making, retirement savings, payment choices and taxation and corporate finance. Amromin’s research has been published in the Review of Finance and the National Tax Journal. Before joining the Chicago Fed [...]

  • Douglas Andrew

    Douglas R. Andrew has extensive experience in business management, economics, accounting, gerontology (as it relates to the economics of aging), financial and estate planning, and advanced business and tax planning. He is currently the owner and president of Paramount Financial Services, Inc., a comprehensive personal and business financial planning firm with several divisions. Doug helps people find their missed fortune using his asset optimization, equity management, and wealth empowerment strategies. His first two books, Missed Fortune and Missed Fortune 101, [...]

Get Adobe Flash playerPlugin by wpburn.com wordpress themes