“New Year, new budget” or “New Year, no budget” Which are you?Yes, it’s well past the new year (Happy Spring Equinox), but with so many people losing jobs, getting work hours cut, or having their financial life in a turmoil, maybe now is the time to revisit the “B” word. Actually, I much prefer the…
Category: budget
Get money smart. 25 tips to improve your financial well-being from CFPB
This is just a summary of a great website from the Consumer Financial Protection Bureau; it’s almost like a complete personal finance course in one place. Click here: https://www.consumerfinance.gov/about-us/blog/get-money-smart-25-tips-improve-your-financial-well-being/?utm_source=newsletter&utm_medium=email&utm_campaign=General&utm_content=October2019 Understand where your money goes 1. Take our quiz to see how healthy your finances are. https://www.consumerfinance.gov/consumer-tools/financial-well-being/ 2. Learn where your money is coming from. …
Trump’s tariffs cost US consumers $106 billion per year. Your cost: $831/year
“US tariffs recently imposed on goods from China will cost American households $106 billion annually, according to a report from the Federal Reserve Bank of New York. These tariffs likely will reduce overall tariff revenue collected by the US and will “create large economic distortions,” the report said.” Tariffs are a hidden tax on consumer purchasing…
Tax cuts = Massive federal deficit
“The federal government spent $310 billion more than it took in during the first four months of the new fiscal year, a 77 percent jump from the same period a year ago” and the tax cuts are primarily to blame according to the Washington Post. How many times have you heard politicians say that budgets…