1. To end the shutdown,
reframe the issue: Today's talker
b.
Raphael Lapin writes about how terrible at
negotiating both Trump and Pelosi are. There may or may not be a physical wall
at the border of Mexico, but their absolutely is a wall between Trump and
Pelosi, aren’t these people supposed to be roll models? Where did they learn to
negotiate?
c.
Meanwhile, families are at stake waiting for
paychecks to come in with government shutdowns.
d.
It affects everyone who is (or should I say was)
working for the government and their dependents and families directly. Not to
mention the government jobs that are affected like our airport security, where
people are working without pay or are calling in sick making the lines through
security even longer than before and therefore affecting us all to some degree.
Every time someone loses their paycheck in the government especially when the
fight is over money, it should be that those paychecks should be paid out of
the funds they are fighting over. That should take the punch out of the fight
and make for a shorter standoff.
2. Empty nester? Here’s what
to do to get your finances back on track
I get it, most of you will not be thinking about retirement because
you’re just beginning, probably haven’t even worked yet. But, now is the time
to think about how you’ll save now to support yourself and family when it’s
time to retire. Sadly, most people wait too late and don’t have much to live
on. This article just gave me the idea because my daughter just graduated
college, is out of the nest, and just moved to another state. I too am playing
catch up. Don’t let this happen to you!
b.
Retirement? Yes, think about it now. Think of
the interest you can earn over the next 40 years. You may be able to retire
early. I may not ever be able to retire! It’s never too late to think ahead. Resources
to educate us all about funds to support ourselves and the mindset to be
diligent about sticking to a long-term plan is essential to a happy life after
work.
c.
The elderly that should have saved, the middle
aged who is trying feverishly to save, and the young who are smart enough to
get a head start.
3. Complying with Government Regulations
This description on several government regulations hits home with entrepreneurial
businesses. It’s hard to start a business and run it and regulations make it
even tougher. You have to stay on top of the and compliant.
b.
It makes me wonder how tough it is to be an
entrepreneur. It’s not just about having a great need and the ability to
resource it. It’s much more than that. There is a lot of red tape.
c.
Any person who owns his/her own business, or
would like to, should be aware of regulations.
4.
Government Regulations in Business
I didn’t realize that small business pay 40% more than large businesses to
comply with regulations. It also talks about how regulations can hurt
businesses’ growth ability.
b.
Deregulation is becoming the trend to help
everyone in businesses make it through.
c.
Large and small business are affected.
Hi Virginia, I really enjoyed your two economic trend opportunities and how vastly different they are. The govt. shutdown is definitely from page of the news and I think its economic affects are important. One answer to your question regarding Trump vs. Pelosi not knowing how to negotiate is that maybe they are both great at negotiating, but have other motives for blocking each others deals. Both have varying agendas and to cave to the other would be seen as a form of weakness to the representatives on either side of the aisle. This is the issue that arises when you have someone with a big personality and an opposition with a "do what is right" righteousness about them. Both parties let their alternate agendas get in the way.
ReplyDeleteYour second economic opportunity was interesting as well as I definitely agree about the importance of saving for retirement in college, as we have a natural resource that older generations do not have, which is time.
Hey Virginia, I enjoyed the article about getting your finances back on track after becoming an empty nester because it is something that I have been thinking about a lot since I started college (I am a finance major, so it's always in the back of my head). I thought that maybe I'm thinking too soon, but you are right in the sense that you can't get back lost time, so starting as soon as possible will set you up for a comfortable retirement lifestyle!
ReplyDeleteHey Virginia, I really liked the opportunity you talked about in the empty nester article. My father has been going through something similar, I have two sisters and he realized he spent his whole life getting us through college and supporting us that he has not concentrated on his retirement at all. He has been stressed so it has shown me that I need to start thinking about that very early in my life. I also did not know that small business have to pay 40% more for regulations, it shows how much harder they have to work.
ReplyDeleteHey Virginia! Your second article that highlights preparing for becoming an empty nester targets the baby boomer generation that is currently retiring or preparing for retirement. I often worry about how I am going to finance my children’s educations and my life after retirement, even though I am still a young college student. But, as you said, it’s better to deposit money now and let interested grow year by year so by the time you are retiring, you have plenty of money to sustain yourself!
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