Your Money Bus Attracts Media in Albany

NAPFA-Registered Financial Advisor Joyce S. Cole, CFP, of J. Cole Financial Advisers, Inc. was at the tour stop in Albany and had a chance to be interviewed by Demetra Ganias of ABC. They talked about the goals of the Your Money Bus (to help Main Street get involved in learning how to manage their money through budgeting, managing their spending, and through keeping debt manageable). Paying off debt as a prerequisite to a meaningful savings plan. The retirement plan through work is the best deal around- dollar cost averaging a pay at a time getting various prices in a down market is a good deal.

NBC reporter Abigail Bleck interviewed Cynthia Zalewsky, CFP regarding how a consumer would go about securing an auto loan in this environment and basic car buying and financing tips. There was an auto show going on during our event so the topic was one of relevance.

ABC reporter Demetra Ganias also interviewed Cynthia Zalewsky, CFP on how we have become a nation of financial illiteracy. We discussed the lack of inclusion of finances in the education curriculum at every grade level of our school system. We also discussed the culture of consumerism and with it the acceptance of excessive leveraging ,that has evolved in America and its effects which we are now experiencing. Getting back to the basics of budgeting, saving, reducing debt and managing your financial house is what is important. The behavior change needs to start at this level.