Do you have the answer to today’s economic problems? America is going through a major transition that seems to have her back on her heals. A new president has been elected which is common but this president is unlike any president in the history of our country. The newly elected president is African American; which convenes a major shifting in the American culture. The economy is in shambles and some of America’s greatest economic minds are seeking answers to how we can remedy this cancer.
Seemingly, all of our problems started long before the Bush Administration took office. The problems began when the government, banks, and other lending institutions softened the financial guidelines for the sake of the dollar. Bankruptcies have allowed companies and individuals to shift the responsibility onto consumers. Who do you think eats the cost of money mismanagement? America has a history of finding the easiest solution to solving its financial crises: increasing taxes. If the backbone of the American economy is the small business, then why pass legislation that does not benefit small businesses? Small businesses need more than just tax advantages; they need the same kind of stimulus packages that large companies have received in order to get their companies and the economy moving in the right direction.
I do not claim to be a genius on money issues; but I do have common sense when it comes to business. If I cannot repair the American economic system, I can at least start repairing and improving my own financial situation. There are ways you can improve your income by starting with your outgo. This may not fix the whole matter, but you will at least have more money to pay off more bills. If you manage what goes out and limit unnecessary expenses, you can keep more money for your charitable giving, bills, and investments. If you smoke, stop smoking; if you drink liquor, stop drinking; if you are wasting money on pornography, stop watching it. You may find yourself saving at least $500-$700 monthly.
You can start repairing the nation’s economic crisis by repairing your own financial situation. If you would like to hear more on how you can save more money by cutting back unnecessary expenditures, comment below.