Personal Finance Information
Home   >>   Finance   >>   Personal Finance

Make or Break Your Retirement!


The Prudential has dubbed those who refuse to leave home as"kippers" or "kids in parents' pockets eroding retirementsavings". Recent research concludes 6.8m over-18s live withtheir parents. Less than half pay rent, and many parentsprovide cash to spend.

Does this scenario sound familiar?

'As a parent you've spent over 20 years diligently caringfor and raising your children. Financially supporting themand ensuring they receive the best education possible.They've attended University, graduated with a respectabledegree and are ready to set up their own home. You're nowlooking forward to more free time withless financial obligations. BUT, due to no fault of yours,your well educated, talented, highly motivated offspringcannot afford to leave home for possibly another 5, 10 oreven 15 years.'

This is a reality for many parents right now! A recentsurvey for BBC2's Money Programme(http://news.bbc.co.uk/1/hi/business/4075536.stm) found thathigh property prices and debts often prevent offspringleaving home well into their twenties and thirties. Furtherresearch, by independent market analyst Datamonitor, foundthat 67% of 18-24 year olds across Europe still relied ontheir parents for housing in 2004. In fact, one in sevenparents with adult children have remortgaged or taken out aloan in an attempt to help them.Couple this with an ageing population, widespread concernsabout retirement pensions and the long gone days of a 'jobfor life', it's undeniable that without taking positiveaction many parents and their children face uncertainfinancial futures.

However, these challenges create many new opportunities forparents to help their children find a path to financialsecurity, personal growth and prosperity.Tiscali Plc, a leading European Telecommunications companyis doing exactly that through Tiscali Network(http://www.tiscali-corp.co.uk). Tiscali provideaggressively priced ultra highquality telephone, broadbandand mobile phone services. Tiscali Network providesthousands of people the opportunityto market and sell these products with the very minimum ofinvestment. Through collecting a few customers and buildinga network of people to do the same these students,graduates, professionals, parents from all walks of lifegenerate substantial part-time, full-time incomes andbuilding solid residual income streams to support them inthe future. In many cases, Tiscali Network provides incomeswell in excess of those obtainable in traditionalemployment and more importantly incomes available tostudents or new graduates.

Tiscali stake a major part of their future with TiscaliNetwork (http://www.tiscali-corp.co.uk) which generates over12% of their UK revenue grown from zero in just two years. Providing one of industries cheapest customer acquisitioncosts only addsto the longevity of this route to market. Coupled with arecent doubling in Tiscalis' brand awareness and the factthey pick up close to six in ten new UK broadbandconnections; anyone involved in Tiscali Network(http://www.tiscali-corp.co.uk) holds confidence in theirfinancial future.

Emerging opportunities like this are driven by our changingeconomic, social, demographic and technological environment.Embracing these changes, educating ourselves and ourchildren and being prepared to explore new opportunities mayultimately be the only way to secure their future.

Taking action and investigating opportunities such asTiscali Network (http://www.tiscali-corp.co.uk) was once atask for the few. Now more than ever, it is becoming anecessity and formany parents, perhaps even a responsibility.

============================================================

6.8m over-18s live with their parents. Take action to stopyour retirement fund eroding. Click here =>http://www.tiscali-corp.co.uk

** Attn Ezine editors / Site Owners **
Feel free to reprint this article in its entiretyin your ezine or on your site so long as you leaveall links in place, do not modify the content and include our resource box as above.

(c) Henry Baker - All rights reserved - http://www.tiscali-corp.co.uk

Henry Baker is a young entrepreneur, sales andmarketing professional. Owner of several successful e-businesses Henry's writing comes direct from a passion formarketing, technology and understanding of finance.


MORE RESOURCES:

PersonalFinance: Be your own bailout in 2009
Reuters - Jan 5, 2009
By Linda Stern WASHINGTON (Reuters) - A brand new year does offer the opportunity to make a fresh start -- even in trying times like these. ...


Online Forex Trading

25 Personal Finance Do’s and Don’ts for 2009
Online Forex Trading, NY - 13 hours ago
by Rebekah Manning With the current economic crisis you might be wondering how you’re going to handle 2009 and the promise that we’re hearing from all the ...


Personal Finance: Is your personal property insurance satisfactory?
The Daily Advertiser, LA - Jan 5, 2009
Her column appears in The Daily Advertiser twice a month. Have questions about this article or personal finance? E-mail news@theadvertiser.com.


Telegraph.co.uk

Personal finance predictions for 2009
Telegraph.co.uk, United Kingdom - Jan 5, 2009
Repossessions to rise, a real chance of zero interest rates, mortgage lending continuing to slump, and the outcome of the court case between the banks and ...


Your personal finance toolkit
Chicago Tribune, United States - Jan 4, 2009
• City of Chicago, Office of the City Treasurer (312-744-3356 or chicagocitytreasurer.com). The Web site for city treasurer Stephanie Neely. ...


The 10 best Personal Finance stories of 2008
MarketWatch - Jan 1, 2009
By MarketWatch By 2011? No recovery? No new bull? "Hey Paul, why do you keep talking about a bigger crash coming by 2011?" Readers ask that often. ...


Personal finance dominates New Year's resolutions
Radio Netherlands, Netherlands - Jan 3, 2009
According to a survey conducted by ING's Bureau of Economics, a significant percentage of New Year's resolutions were related to personal finance. ...


Personal Finance Predictions for 2009
TheStreet.com - Jan 1, 2009
Here are some personal finance-related predictions to keep in mind when mapping out your 2009 financial goals. You'll know someone who's suffering ...


Roth Is a Good Way to Hedge on Your Future Taxes
Wall Street Journal - Jan 2, 2009
Ask Encore/Focus on Retirement is a weekly column answering readers' questions about retirement and personal finance -- from annuities and bonds, ...
Mutual Funds & Personal Finance Investor's Business Daily (subscription)
all 2 news articles


Personal finance classes would be required
Concord Monitor, NH - Jan 2, 2009
By LAUREN R. DORGAN Monitor staff Rep. Don Petterson has a New Year's resolution for high-schoolers across the state: They will learn to manage their ...

Personal-Finance - Google News


site map © 2006 Online-Information-Directory.com