General Personal Finance Blog
The mission of Financial IQ by Susie Q is to provide clear, practical, unbiased information to help people make better financial decisions. It has become clear that society in general and individuals in particular struggle when they don’t understand their financial decisions. In the financial crisis starting in 2008, many people lost their homes because they didn’t understand the terms of their mortgages or they bought houses with mortgages they couldn’t afford. At the same time, at least according to the press, AIG (a very large financial services company) had to be supported by the US government because it made investments in one department that were not fully understood. My goal is to help you avoid some of these same mistakes. As one of my friends said, “Can you imagine how much less painful the 2008-2010 period would have been if everyone had understood their financial decisions?”
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