Comments on: Obama Administration Seeks Economic Advice From Young Entrepreneurs

By: Mel

Mel — Fri, 07 Aug 2009 13:13:37 +0000

That’s nice that the Obama Administration invited entrepreneurs and small business owners to receive economic advice. It would be even nicer if the Obama Administration actually listened. I hope the advice given will be advice taken. I’m not holding my breath though.

By: IPC_Program

IPC_Program — Fri, 01 May 2009 12:57:47 +0000

I think you made some good points

By: pwb

pwb — Tue, 10 Mar 2009 00:38:51 +0000

“does anyone else find it odd that Obama consults with a business that has yet to make any money”

Not at all. Obama has made it pretty clear that he consults with a very wide range of people and organizations.

By: Kevin

Kevin — Mon, 09 Mar 2009 16:35:49 +0000

I don’t see how increasing the HB1 visa’s will help the economy when home grown IT talent is being hit with the economic downturn.

By: Keith De Bard

Keith De Bard — Mon, 09 Mar 2009 12:15:57 +0000

I agree with most of the points made as well. However, AMT exclusion should only be available to non-officer level employees.

I also whole heartedly agree with teaching basic personal finance in high school. Perhaps I’m biased because I have a personal finance degree, but it is a very important life skill that many don’t have.

Heck, even at my university they don’t require a personal finance class in their GED courses. If you’re to provide a “well-rounded” education, do we really need another art or English class? Basic personal finance should be part of that well-rounded education, it’ll teach a person way more about life than how to draw with colored pencils. No offense to art and humanities here, but personal finance is more practical.

Too many highschool students head off to college where for the first time they have freedom. They also have credit card companies throwing their cards and free cash at them at these universities. Many also have to get jobs and pay bills for the first time. Yet, a majority of them have never balanced a checkbook let alone set a budget or know the dangers of racking up credit card debt.

Personal financial education should be required in highschool just as math and science are. Personal finance will teach a person much more life lessons which will help them for a long time to come. Heck, if you asked I”m sure many financial planners would volunteer their time to talk to highschool kids about personal finance.

/rant

By: Ron@TheWisdomJournal

Ron@TheWisdomJournal — Sat, 07 Mar 2009 22:52:14 +0000

All great points, but does anyone else find it odd that Obama consults with a business that has yet to make any money?

By: William Chan

William Chan — Sat, 07 Mar 2009 21:27:18 +0000

Wow! Go mint and go Aaron! Looking forward to the coming updates.

By: S Patrick Kaine

S Patrick Kaine — Sat, 07 Mar 2009 13:03:22 +0000

I agree with many of Aaron’s points, but mostly about education. The value of money and the value of saving are often only learned after it’s too late for some people.

My family has been using Mint.com for over a year and find the tools invaluable for budgeting. Mint is perfect for our lives because we use debit cards for 99% of our purchases, and after only a few weeks of “teaching” mint how to match each purchase – I now can see real time spending trends.

We have a strict budget for expenses, and my wife recently wrote about her experiences with being on a grocery budget and how we have saved 50% over last years expenditures. How do I know that? Mint told me!

http://www.patrickkaine.com/2009/03/finding-ways-to-save-money-at-grocery.html