Update on Our View of the Debt Ceiling Debate

The total United States government spending for fiscal year 2011 is budgeted at $3.82 trillion. Of that amount we are borrowing $1.65 trillion in order to be able to pay all of our obligations.  If the debt ceiling is not…

Cultivating “Money Savvy” Kids

If you think back to your childhood, what were the biggest influences on how your view of money developed? If you’re anything like me, this question triggers memories of the struggle between saving my hard-earned allowance and spending it on…

Our Healthcare Costs vs. The Rest of the World

As most people know, healthcare costs have been rising much faster than other areas of our economy for decades.  The chart below demonstrates what will happen to federal spending levels if healthcare costs continue to rise too quickly.  Despite what…

The Impact of Taxation on Economic Growth

As mentioned in our previous blog post about the debt ceiling, we said that our long term fiscal problem is heavily influenced by two issues- taxation and health care costs. There is a school of economic theory that says that…

Should we be Worried about the Debt Ceiling?

There has been quite a bit in the news lately regarding the United States government hitting the legal debt limit set at $14.3 trillion.  The Treasury Secretary has sent a letter to Congress warning them that if they fail to…

Let’s Make A Plan…

Have you seen the new CFP® TV commercial yet (take a look here)? Pretty Interesting.  The commercial is currently airing on stations that include History Channel, Travel Channel, HGTV, ESPN, MSNBC, CNN and Fox News. The CFP Board, who issues…

Where do my Tax Dollars Go?

We all hear about how the US is going broke. Depending on the viewpoint or agenda of the source of what we hear, read or see, the cause of the federal government’s financial problems varies. Unfortunately, there is almost always…

Reacting to Japan

The tragedy in Japan continues to be the top news story and warrants international support.  While the human aspect of this crisis continues to be devastating, we can’t discount the economic impact as well.  Well respected international fund family, First…

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