- Apr 16, 2005
- 7,154
- 32
I am torn on the debt thing.
I just paid off the SUV 2 years early so no more car payment.
I use my credit cards for everything and don't carry cash but I pay the cards off in full every month.
I don't owe a whole lot on my mortgage. I would love to pay off the mortgage entirely and be completely debt free. I would be fast tracking paying off the mortgage but I am worried about the economy to the point that I feel my money is better liquid in the bank and available for emergency instead of using it to pay down the mortgage. I work on commission and I had a great year in 2008 but I am thinking my income in 2009 will only be about half of what it was in 2008. OUCH!!!!
I don't want to turn this thing political but this administration is making moves that are extremely bad for businesses. Great for big government but terrible for business. I have no faith that things will improve in the next 2 years. I'm hunkering down. My goal for the rest of 2009 is to figure out how to get into and make money off of government accounts. I'm not going to be able to make a living off of private business if things continue like this.
Where do you think the government money is going to be spent? Private contractors and businesses. It's not like washington can build roads or write code for health care IT. In our business we are investing time and ressources into figuring out ways to get our hands on this money.