Ramsey County

Making $ense of Dollars and Cents

March 3, 2008

An Internet Resource You Can Trust

          Americans can now find answers for money management questions at a reliable internet resource.  Thanks to the work of a several land grant universities, you can find real answers in real time based on objective, peer-reviewed, scientific results at www.eXtension.org

          With eXtension, you get research-based answers from industry experts in America’s largest and oldest university system, land-grant universities. Created by Congress, land-grant universities study subjects relevant to everyday life. Then, they send professional educators, or agents, across their states to bring the results of their research into every community, providing practical education people can use.

          A growing number of Americans find themselves balancing precariously on financial tightropes. Older Americans are living golden years in the red, just getting by, and are not able to enjoy the retirement they anticipated. Four in 10 Americans have been victims of identity theft or know someone who has.

          Consumer debt in 2007 was $2.18 trillion, up from $1.5 trillion in 2000 (Federal Reserve Board). And now, for the first time in history, Americans have a negative savings rate – lower than during the Great Depression; and households carry an estimated average of more than $7,200 in credit card debt alone. Young people are seldom taught to manage personal finances in school and are the target of relentless marketing. By high school graduation, most students have developed

poor money habits that can easily lead to a lifetime of high debt, bad credit scores, bankruptcy, marital stress, and severely limited opportunities to get ahead.

          eXtension provides information and expert answers 24 hours a day, seven days a week to help all people:

          1. Spend less than earnings

          2. Avoid excess debt

          3. Improve credit worthiness

          4. Plan for tomorrow while keeping pace with day-to-day needs

          5. Save and invest regularly

          6. Protect financial identity of practice maintains hundreds of

          If you can’t find exactly what you are looking for in the data base of hundreds of questions, try the “ASK THE EXPERT” feature which allows you to electronically submit your own specific question and receive a timely personal response directly from a skilled educator at one of the Cooperative Extension System’s land-grant universities.  All at www.eXtension.org

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524 4th Ave NE #5, 2nd Floor Ramsey County Courthouse
Devils Lake  ND  58301
701-662-7027
email - ramsey@ndsuext.nodak.edu