Take control of your finances

You’d have to be living under a rock to not be aware of the turmoil and economic agitations in the U.S. And the growing debt. Too bad we can’t do much about it. In fact, we are powerless.

But I have to say that it’s kinda fun, if not momentarily empowering, to think about what we could do if anyone would let us. I’d be wickedly effective as governor of Colorado! Oh, the things I would do.

First, I would abolish state income tax. The state would exist on fee income. Coloradans would pay fees for the services they want and use. I’d adopt a scorched-earth policy to go after government waste and abuse. I’d place a freeze on hiring while I clear out the dead wood and identify redundancy. Austerity would define my administration.

What would you do if you were the governor of your state, or better yet the president of the United States?

Would you stop printing money and let the free market take over no matter the consequence? Or would you hike taxes? It’s kinda fun to ponder, but it’s also pointless.

So why not move all of your creative thinking to a place where you do have power? I’m talking about the blessing and freedom you have to govern yourself and your own personal economy.

It’s easy to say you’d stop spending and concentrate on paying down debt if you were in charge of the country. Do you find it just as easy to impose the same measures on yourself?

Are you willing to give up eating out for a long and protracted period of time so you can build your savings account? Do you have the courage to look at your own personal economy and point out all the waste? Will you allow austerity to become your household watchword while you make some much-needed changes?

What an amazing thing to realize that you do have the right to make that kind of fiscal decision, or any other kind you can think of. Such power!