Lessons From the Government Shutdown
- Created on 10 October 2013
We’ve now entered week two of the latest political melodrama. Someone recently posted an applicable African proverb: When elephants fight, the grass suffers. Regardless of your politics, we can all agree this shutdown is no picnic for hundreds of thousands of furloughed workers. The prolonged effects will start to adversely impact even more as businesses who support the government feel the pain and so forth. The shutdown is not good for the near term. However, we can and should extract a reminder from this latest and tangible lesson as to why we must protect ourselves financially. Do you have a system of saving in place?
Retire Who? When? Me?
- Created on 18 September 2013
The big misconception is that you need to be at a predetermined financial checkpoint at specific points in your life to ensure that retirement is a smooth transition. Well crafted radio and television advertisements from investment companies, the recent recession, and the fluctuations in your personal investment/retirement accounts over the past 5 years probably haven’t helped alleviate your stress either. Don't freak out. Again, DO NOT freak out. If you get starteddoing something, you'll be better off when you retire.
- Created on 14 September 2013
Hopefully you’ve never been financially hoodwinked, or any other way for that matter. When protecting yourself, going on offense is generally the best defense. An interesting show, American Greed, profiles a wide variety of white collar criminals each week. Most are familiar with Bernie Madoff, but scam artists work all levels of the income spectrum. Each time I watch that show or read of someone’s financial mishap, I always wonder if that could happen to me.
Let’s dig in to a few stories and learn from their debacles to prevent scam artists from monkeying with our money.