Will the United States Congress really hold so tightly to their politics that they allow us to default on our ever increasing debt? Surely not. My hope is that what we are seeing right now — leading up to a theoretical Tuesday deadline set by the Treasury department — is political posturing that will eventually end in some sort of compromise. If I were a betting man I would guess you get a small enough increase in the debt limit and/or spending to get everyone to the next election cycle.
While you’re pondering the fate of your retirement portfolio if nothing is done by Tuesday and the markets crash, here are some articles to check out:
Debt Free Adventure | How To Save Money
I Will Teach You to Be Rich | Ramit Sethi Writes on the Debt Ceiling
Passive Income Now | How Can You Go Full-Time With a Side Biz?!
Couple Money | What Insurance Do You Need as Your Family Grows and Changes?
Smart on Money | Is Going Back to School Over 50 Worth It?
Boomer and Echo | Refinancing Your Mortgage: How Much Interest Can You Save?
Moneyland | Extreme Couponing: Never Hotter, Yet Never More Pointless
Money Smarts Blog | What are pooled registered pension plans – PRPP
Free From Broke was featured in the following carnivals this week:
Carnival of Personal Finance #319: Summer Heat Wave Edition — Dealerity
FamilyMoneyValues: Totally Money Blog Carnival – It’s So Hot Edition
Yakezie Carnival of the week – One Week of Blogs In a Day | One Cent At A Time
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Thanks for the link today.
Thanks for the weekend reading list!