Emily's list: New Congress edition
Emily Starbuck Gerson
On Jan. 5, 2011, the 112th Congress convened its session. While Democrats maintained control of the Senate in the November elections, Republicans took over the House of Representatives. Democratic former Speaker of the House Nancy Pelosi passed the gavel on to teary-eyed Republican John Boehner of Ohio.
Leading up to the election, one of the major Republican platforms was that President Obama's administration was massively overspending and that our government needed to become more budget-conscious and spend less. Now that the Republicans are in power, it will be interesting to see what happens with our country's deficit. It being early January, many Americans (including myself) also have a renewed interest in organizing finances and sticking to a budget. But will these resolutions be here to stay? Let's hope so.
Read on for my roundup of my favorite personal finance blog posts from the past week and get some great tips and tricks on managing your money!
1. Did you have trouble coming up with a good New Year's resolution other than getting in shape? Ask Mr. Credit Card provides some great suggestions for financial resolutions, such as maximizing your credit card rewards.
2. The Digerati Life explains how you can avoid extreme spending and find a good balance that allows you to pay your bills on time.
3. Bucksome Boomer provides an action plan for those who have resolved to organize their finances this year but need guidance on setting up a budget.
4. Frugal for Life reminds readers that there is no magic key to suddenly start living a frugal life, but provides several factors that can help you successfully live frugally.
5. It's one thing to make a New Year's resolution, but it's another thing to fulfill one. Green Panda Treehouse provides tips for creating action plans for several common personal finance resolutions.
6. Girl with the Red Balloon responds to a reader's comment about whether people obsessed with paying off debt will have anything to do or get excited about once the debt is gone.
7. Girls Just Wanna Have Funds lists several easy ways you can save money in 2011 while still looking fabulous.
8. Small Steps for Big Change debates whether there is such thing as good or bad luck and explains how being prepared may make all the difference.
9. The Simple Dollar discusses the huge importance of emergency funds, but also questions whether it's possible to become too paranoid about future emergencies and save more than you need.
10. Money Beagle explains why now is a good time to check your credit report and offers advice on how to get it for free.
Tag : blogs.creditcards
