Yielding Wealth | Personal Finance

Can Who’s In Office Affect Your Personal Finances?

by miranda on November 5th, 2007

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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