Comments on: Looking Out to 2010: Economy and Personal Finance

By: Weekly Roundup: Great Personal Finance Articles and Blog Carnivals This Week

Weekly Roundup: Great Personal Finance Articles and Blog Carnivals This Week — Sun, 10 Jan 2010 13:06:02 +0000

[...] Looking Out to 2010: Economy and Personal Finance – Wojciech recently had a great and very detailed post about his financial and economic outlook for 2010 on his blog Fiscal Fizzle. He also gathered up some great insight from a lot of other personal finance bloggers about what individuals can expect from 2010, and their takes on the market was a quite interesting read. [...]

By: Black Coffee: My Favorite Blogs, Money News & Opinions #28

Black Coffee: My Favorite Blogs, Money News & Opinions #28 — Sat, 09 Jan 2010 01:12:04 +0000

[...] Fizzle… Wojo, who officially becomes a new father today, put together a composite set of opinions regarding the economic outlook for 2010 from 10 personal finance bloggers, including yours truly. Wojo then closed out the article with his own thoughts. I think the [...]

By: Wojciech Kulicki

Wojciech Kulicki — Thu, 07 Jan 2010 21:54:01 +0000

Sounds like an awesome resolution for the new year. Wish you the best!

By: Matt Jabs

Matt Jabs — Thu, 07 Jan 2010 21:35:59 +0000

One of the things I’m trying to do is increase my productivity, that way 2 hours spent working on side hustle income will bring in more. I think this is going to be a large and beneficial approach for 2010.

Godspeed all.
Matt Jabs´s last post: Our Financial Goals for 2010

By: Wojciech Kulicki

Wojciech Kulicki — Thu, 07 Jan 2010 11:53:56 +0000

You’re absolutely right–we’ve definitely learned the importance of preparation when it comes to riding out this storm. Most who either over-extended or were caught unprepared are really hurting right now.

By: Ryan @ Planting Dollars

Ryan @ Planting Dollars — Thu, 07 Jan 2010 04:08:35 +0000

Wow, great list. It seems like most are still a little skeptical about 2010 and playing a lot of defense. Glad to see everyone is on the same page by echoing that your finances start with you, not the economy in general.

Personally if the economy does turn in 2010 I wouldn’t see how it would even change my life that much. My spending habits, investing methods, and way I work wouldn’t really change. I think 2009 taught me, and a lot of people around the world, that flexibility and frugal living are ways to ride out storms and be free to do the things that matter most – the ones that don’t cost money.
Ryan @ Planting Dollars´s last post: How to Win Through Quitting

By: Wojciech Kulicki

Wojciech Kulicki — Tue, 05 Jan 2010 17:23:34 +0000

Agreed 100%, on the fact that many of us are thinking along very similar lines, and that while we can’t control the economy, we need to be respectful of its influence.

By: Patrick

Patrick — Tue, 05 Jan 2010 14:50:11 +0000

Very interesting reading everyone’s opinions. I think everyone mentioned something along the lines of “taking matters into your own hands,” which is probably the most important thing anyone can do right now.

I love Baker’s attitude and I agree with most of it. The only thing I would add is that while you don’t need to focus on the economy, it can still affect you through interest rates, investments, and possibly via job loss if your company cuts back. But I definitely believe in his main point: you need to set goals and work toward achieving them.
Patrick´s last post: Cloth Diapers vs. Disposable Diapers

By: Wojciech Kulicki

Wojciech Kulicki — Tue, 05 Jan 2010 12:29:36 +0000

I don’t know that it’s necessarily a college thing, because a lot of my generation (Y) thinks that way. I think the more interesting thing to see will be how that affects the rest of the job market and corporations as we grow older and enter the ranks of employees.

By: Financial Samurai

Financial Samurai — Tue, 05 Jan 2010 03:52:24 +0000

Good comprehensive list of thoughts Wojo. One edit from me, I don’t believe the 10-yr yield will breach 5%, not 4%, my fault.

It’ll be interesting to see if our friend Studenomics changes his view on money and jobs, once he graduates from college!

Good stuff all.
Financial Samurai´s last post: The Samurai Fund – All Hands On Deck!