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Sunday, November 8th, 2009

Can Who’s In Office Affect Your Personal Finances?

November 5, 2007 by Miranda Marquit  
Filed under Finance

Tomorrow is Election Day. For most of us, it is mostly local issues and races that will be decided upon. But who we elect has more to do with our lives than just things like roads and what-not. Your personal finances can be affected.

The Blue Way is a book that takes investing and turns it political. It is an interesting look at how the companies we invest in can lead to support for candidates that create policies that can further affect us.

But other things are affected as well. Take health care (a raging debate right now). Would your personal finance situation be better if you didn’t have to keep paying for skyrocketing costs? Or education? What if more aid was available to defray the costs of a higher education (which is inflating at a ridiculously high rate)?

Other things to consider are taxes, Social Security and Medicare. These are all items that will affect your personal finance situation, and who you vote into office can make a big difference on how it all turns out for you.

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Comments

8 Responses to “Can Who’s In Office Affect Your Personal Finances?”
  1. Oh , then it is a big day for you. All the best.

  2. miranda says:

    Yes. Big day. I’m a rabid voter. I get the info, I make informed decisions, then I vote for who I think will mess things up least.

  3. I sympathise with people who dont vote at all as they feel they have little say in their lives, however, as you say different policies can have a huge impact on your life – thats a fact

  4. Yes, politics does affect our daily life, not just personal finances. No doubt about it. Lets hope it turns out good for all of us.

  5. miranda says:

    Indeed. :)

  6. Think positively, it cannot get much worse.

  7. miranda says:

    That’s true. And it will be interesting to see whether Barack Obama can help out right now.

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  1. [...] Mary Emma considers the question, “How much should we inject politics into our home business?” Miki queries whether the folks in office affect your personal finances. [...]



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