I offered to write articles for Quicken occasionally, and the first of these articles was published yesterday. It focuses on trimming budgets and expenditures.
President Obama has proposed cutting the federal budget by $17 billion. That’s a large amount of money, but it’s a tiny slice, 0.5%, of the total federal budget.
Here is an excerpt:
I would love to cut back my expenses like POTUS, so here is what a 0.5% reduction would do for me: $20. That’s one dinner out over the course of a month or perhaps a movie date for two, not including refreshments. If your budget is closer to average, your 0.5% may be lucky if it approaches $5… I think you — and I — can do twenty times better. Cutting 10% from the federal budget would be a tall order, bound to infuriate interest groups and pundits… But cutting 10% from your budget won’t anger anyone…
Read the full article at the Quicken blog.
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{ 2 comments… read them below or add one }
I loved this article because it just underlines the fact that politicians, be they Democrat, Republican, or Republicrats…are nothing more than talking heads throwing around big numbers to seduce a public into thinking they are doing something when in essence they are doing nothing.
Bold statement, but I think we need more bold statements in our world today!
Hey Flexo,
Really enjoyed your post on the Quicken blog about the POTUS, federal budget cuts to your personal budget.
Consumerism Commentary readers: If you have ideas for Flexo’s next guest post on the Quicken blog, reply here! You know him best and we look forward to your feedback and ideas.
- Chelsea, Quicken