top of page

Your Patriotic Duty?

Writer's picture: Steve MartinSteve Martin

Is it your patriotic duty to rescue the economy?

As I watch TV and listen to the radio lately, I have been hearing a lot about stimulus packages and the importance of spending our way back into financial health. The implication of these messages is that it is our job to spend ourselves out of a recession and that it is your patriotic duty to help by spending as much as you possibly can.

I have a somewhat different perspective. I believe that it is NOT our patriotic duty to spend, spend, spend or to single-handedly pull the country out of these difficult financial times.

But I think that it is our patriotic duty to manage our lives with personal and financial responsibility so that we can withstand difficult times and contribute to the success of our nation.

One of the biggest reminders I have gotten over the past few difficult months is the importance of having a sensible financial plan that allows you meet your goals. A big part of that plan should be to maintain adequate emergency funds and to have enough liquid assets to withstand difficult financial times.

As you receive “stimulus” checks, remember that it is NOT your duty to run out and immediately spend it. It is your patriotic duty to use that money to get yourself into a solid and responsible financial situation. If we all act responsibly, the US will be much better off.

0 views0 comments

Recent Posts

See All

Comments


Purposeful Financial and Legacy Planning

Fee-Only Financial Planning

(970) 443-1873

3400 Rosestone Ct, Fort Collins, CO 80525

  • Facebook
  • Twitter
  • LinkedIn

©2020 by Purposeful Financial and Legacy Planning

DISCLAIMER: This website is for informational purposes only and does not constitute a complete description of our investment services or performance. This website is in no way a solicitation or offer to sell securities or investment advisory services except, where applicable, in states where we are registered or where an exemption or exclusion from such registration exists. Information throughout this site, whether stock quotes, charts, articles, or any other statement or statements regarding market or other financial information, is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS OR ANY 'LINKED' WEBSITE.

All domestic and international rights reserved. No part of this website, including text, graphics, et al., may be reproduced or copied in any format, electronic, print, et al., without written consent.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CERTIFIED FINANCIAL PLANNER in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

bottom of page