Personal Finance Tip #3: Don’t Let Congress Be Your Personal Finances Example
June 20, 2008 by Miranda Marquit
Filed under B5 Media Business Channel, Family finances, Money advice, Personal Finance
My third personal finance tip is a tongue-in-cheek “don’t” from Miki Saxon at Leadership Turn:
Don’t manage your money as Congress manages ours.
The way Congress “balances” its budget by shifting numbers around and “borrowing” from the retirement account that is the Social Security trust, and constantly deficit spends without prioritizing, offers a perfect example of how not to run your personal finances.
image credit: US government
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