Hello Everyone!

Well, the time has come!! Election Day is upon us!! Although this blog is not meant to discuss ‘political’ issues, per se, I would be remiss if I did not note the important connection between politics and finances, and how important your vote is in helping to ensure your financial future. Regardless of your political affiliations, who is in office does have a correlation to how our society operates, and how our society operates strongly influences how our financial world is structured. Your abilities to save more money, better manage your debt, or retire earlier than planned depend strongly on what laws our elected officials enact that affect the financial markets.

However, I’d also be remiss if I didn’t mention another important point: your own personal financial condition, whether good or bad, doesn’t just depend on who is in office. Rather, it depends even more so on ‘you’. No matter who is elected, if you are not regimented in your approach to managing your finances, whether it be paying your bills on time, putting aside some money each month into a savings or retirement account, or simply not allowing your credit card balance to get out of hand, you will never truly become financially independent.

In short, this election year, don’t just vote your pocketbooks and think that having one particular candidate in office will solve all of your financial woes, because it won’t. Regardless of who is elected, your financial future depends on your own behaviors: your willingness to save, your diligence in sticking to a budget, your self-control in using your credit cards, your strength in weathering the storms that are inevitable within our financial markets. Remember: More than anyone else, you control your own financial destiny.

As always, I welcome your thoughts, comments, and questions! Please feel free to post a reply to this blog (note: all pre-established rules apply). It is through this process that we can learn from each other, and when we do so, we can also help one another to become better financial planners! Thank you all, and I look forward to hearing from you!

Wishing you all much financial success!

Prof. Rondinelli