Today is Day 1 of the Sequester which I don’t fully understand, but it is a process that is supposed to result in deep government budget and spending cuts. I’m sure this will be the main news topic of the day and likely for some time to come.
Here are a few links to some great weekend financial reading.
Personal Finance Blogs
Check out An Interesting Conversation with My Dad at Free Money Finance.
Miranda tells us about Choosing the Right Investment Adviser for You at Planting Money Seeds.
Andrea shares some Quick and Easy Tips for Healthy Living at Take a Smart Step.
Posts from Fellow NAPFA Members
Jim Blankenship shares Free Income Tax Filing Options at Figuide.com.
Alan Moore asks How Do I Start Saving? 5 Tips To Get Started Today! at Figuide.com.
Other financial articles from around the web
Chuck Jaffe tells us to Sequester-proof your finances at marketwatch.com.
Paul Merriman shares Two easy ways to lose big in 2013 at marketwatch.com.
Daniel Bortz asks Is an Online Financial Adviser Right for You? at usnews.com.
In case you missed it here is my latest post for the US News Smarter Investor Blog How Much Should I Contribute to My 401(k)?
Here’s wishing everyone a great weekend.
Photo credit: Flickr
I have only heard a little bit about this sequster business today. And you know what? I’m upset. We pay those baffoons in congress to run our country. We pay them to act like grownups, to talk, to compromise, and to figure out the best solutions for everyone. We don’t pay them to stomp their feet like children and not listen. But of course they won’t feel the consequences. We will. So what do they care?
Thanks for your comment and I couldn’t agree more with every word of it. I’m fairly certain that there are no cuts to any bit of the congressional budget or their compensation and benefits. Comparing them to children is giving them a far too high a level of maturity. This goes for both parties, the House, the Senate, and the President. Shame on all of you!
Tb, you might like the article I posted Wednesday on this entire sequestration business. I think it may be a good thing. If Americans realize that BIG government has very little impact on their day to day lives then the proponents of big government might lose more then they gain by letting this happen.
Thanks for the comment Jose. I just read your article and it is excellent and I recommend it.
I think the opposite will happen, that it will actually show people what the government does and pays for that they wouldn’t normally notice.
I think that is the administration’s intent, which would explain why TSA and FAA are to be impacted. The White House has a lot more discretion as to what gets cut than they are letting on.
Jose totally agree. I think the whole sequester thing is very politically motivated by both parties. Certainly I think the President will use this to his greatest political advantage. (Note I despise both parties equally)