Tag Archives: fiscal

A Week of Firsts

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This week has been a week of many firsts:

  • 1st page rank update for Pelican on Money
  • 1st 1000 comments on this blog
  • 1st challenge met – Yakezie goal of 200,000 Alexa (need your help below)
  • 1st Mormon politician to run for president, to lose to first black president
  • 1st election for me to vote in (I know – shame on me)
  • 1st investing book I’m reading (The Intelligent Investor)
  • 1st time I had to reject a handout to a woman with a baby strapped to her chest
  • 1st post of this kind

What’s next? A week of seconds? We’ll see.

I need Your Help

I’m happy to admit that the goal of dropping to 200k Alexa ranking via Yakezie challenge has been met two weeks ago.

There’s just one problem: I’m not sure what to do now?

I guess I’m supposed to check in on the Yakezie forum (I’ve been too busy to hang out there too much), but I can’t seem to access it now. Tried initiating a password reset but it doesn’t do anything. Any ideas what to do about next?

Over the last two weeks with all the political stuff going on I came across many posts about the fiscal cliff. I thought it would be a good idea to see them all in one place to get a well-rounded understanding of what the heck it is (as if you don’t know by now!)

Fiscal Cliff

PF Bloggers on Fiscal Cliff

  1. Frugal Rules: Should we really be concerned about the fiscal cliff?
  2. Thirty Six Months: What is the fiscal cliff and why should Canada care?
  3. My Own Advisor: Weekend readings – Obama is back, fiscal cliffs and great blogs
  4. Club Thrifty: What is the fiscal cliff and why you should care?
  5. Five Cent Nickel: Cliff notes on the fiscal precipice
  6. Weakonomics: Two more years… so what now?
  7. Life and My Finances: Preparing for the fiscal cliff
  8. Edward Antrobus: Is the fiscal cliff really that bad?
  9. Free From Broke: Are you ready to fall off the fiscal cliff?
  10. Novel Investor: To the fiscal cliff…and beyond
  11. … and yours truly: What your loyalty means in light of the fiscal cliff

Which post if any did you like the most? Vote in comments!

Neat Blogs I Found:

  • OneMint – by Manshu Verma (great financial posts and a bit of techy stuff)
  • Money Q & A – by Hank Coleman (credit, savings – all the good stuff you need in your personal life)
  • Novel Investor – by Jon Petersen (great investing blog I’m just now starting to get into)
  • Dough Roller – by Rob Berger (great advice and an easy read)
  • Monevator – great investing blog.

What Your Loyalty Means in Light of the Fiscal Cliff

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Everyone is talking about the fiscal cliff. I don’t have to tell you about our current situation in this country, the debt ceiling issue, expiring tax cuts and the fight between Democrats and Republicans. You know all of this.

But what does this mean for you – a working man or woman who has dedicated your life to a promising career?

It could mean everything.

The difference between having a job and becoming homeless. Between feeling happy and ending your life. That’s what’s at stake.

The fiscal cliff means uncertainty – in the economy, and our personal lives. If politicians can’t agree on extending the cuts with “certain provisions”, we may be in for one hell of a ride.

For starters, we may repeat 2008. I’m sure you remember that year well. It’s when we went into a recession. Millions lost jobs.

Those of us who are employed could be next. Our companies won’t keep us around for being “loyal” for x amount of years – that’s wishful thinking. When it comes down to staying in business or going under, we are nothing but numbers.

If the Market Panics, People Lose Jobs.

But don’t take my word for it. Pay attention to what’s going on at work. Are there talks of delayed raises? That’s just code talk for “we have to see what happens in January to decide whether to keep you or let you go.”

Hearing rumors of mergers or acquisitions? You better know that means cuts.

Are you asked to train a new hire? That’s your replacement.

Money is all that matters. So when you feel nice and cozy at your job, thinking nothing is going to happen because you’ve been loyal for many years, don’t. The fiscal cliff may sound like a politician’s problem to worry about, but it affects us more than we care to think about.

With that I will end my random blabbing. I couldn’t help but say something about this issue seeing how the news is bombarded with fiscal cliff this, fiscal cliff that and nothing mentioned about what it means for American jobs. Yeah, taxes are important, but without a job there’s nothing to tax.

Are you tired of hearing about the fiscal cliff, or is this something that truly concerns you?