Earlier today I was reading some blog posts about personal finance and came across one that looked at hidden 401k fees. (http://blackopulence.wordpress.com/2009/06/16/the-truth-behind-hidden-fees-in-401k-plans/) It is another reason that we need to take action to be responsible for our own lives. We need to pay attention, learn and constantly ask questions.
Take the time right now to go to this blog post and watch ALL three videos! It is worth your time. Then when you are done check to see what your 401k plan looks like and then call you representatives in Washington.
Categories: money
Tagged: 401k fees, are you paying too much for investing fees, be responsible for your life, hidden 401k fees, learning empowers you, personal finance, responsible, take the time to learn for your life
I was in a meeting the other day with about 15 people. As part of the meeting someone asked 2 people to stand up and debate the stimulus package – one side that it is good and one side that it is bad. No problem on getting someone to debate the bad side, but a very long silence to covered the room when it was time for someone to debate the good. Finally a brave soul stood up and after a few seconds of trying to figure out what to say said “I am getting ready to buy a house, so the home buying incentive would be good.” Then he sat down. We finished the meeting and I went on my way, not thinking too much about it. However, as the days went by I began to think more and more about this. Not ONE person was for this stimulus package. It was not that anyone did not think something should be done, but every single person agreed that they were going about this the wrong way.
So how do the guys in Washington think this is a good idea when most Americans are not in favor of it? I came up with two answers. First, Washington is out of touch with reality and their brains. Nothing new here, what has the government done successfully (other than the military)? Second, those of us who know this is bad and really don’t want the government to mess with our lives don’t have the time to spend chasing our reps and trying to get heard. We are busy trying to make a living, provide for your families and live our lives the way we want to, because we know that Washington will not and cannot fix our lives for us. Maybe we should all refocus on making our own lives better because of what we do for ourselves and we would not be as bad off as we are! It is amazing how self responsibility works as a stimulus.
Categories: Uncategorized
Tagged: responsible, stimulus, stimulus bad, washington out of touch
