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Can Everything You Need To Know About Money  Possibly Fit On A 3x5 Index Card? - Money Rules #9&10

Can Everything You Need To Know About Money Possibly Fit On A 3x5 Index Card? - Money Rules #9&10

September 18, 2021
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Money Rule #9 Do What You Can To Support The Social Safety Net

We are all aware of the opinions, divisions, and problems regarding US Government Programs such as Social Security, Medicare, and Medicaid. This post does not deem to pass judgement on any of those here. However, as Pollack and Olen write, “Almost all of us have been helped or have friends or relatives who have been helped by unemployment insurance, Medicaid, food stamps, Pell grants to attend college, or other government offerings. All too often, we take them for granted, but without them many of us would be in worse financial shape. Acting together, we can protect one another against financial and health risks that would crush anyone of us, were we forced to face them unassisted. We must take care of ourselves and our immediate families through better planning, saving, and investing. When we do that, we are in a better place. But we must take care of our fellow citizens too.”

So whether you believe government, church, community, or family should be the provider of last resort for those in need, it is only in helping each other that we all move forward.

  

Money Rule # 10 Remember the Index Card

Thank you for joining us on our journey through Helaine Olen and Harold Pollack’s “The Index Card: Why Personal Finance Doesn’t Have To Be Complicated”. We hope you’ve gained some insight and knowledge on the important financial principles contained within it. Please contact us if you’d like further information or help on any of these topics or any other financial questions.

(Inspired by: “The Index Card: Why Personal Finance Doesn’t Have To Be Complicated” by Helaine Olen and Harold Pollack; Random House, 2016)