When you personally are experiencing financial strain, what is the first logical thing you do?

Question

Stop spending, maybe? How long till the Federal Gov't figures this out?

Answer 1

But they are spending YOUR money not theirs so they do not see a problem

If you want them to figure it out your going to have to start treating them like employees instead of gods who act as the head of state

  

Answer 2

Remove the criminals occupying the White House and Pentagon. There is the reason for your financial strain for they have multiplied their gains by speculation of food and of fuel. Change the direction of US back to democracy, before they complete their programme to turn US into extensions of Hitler and his SS.  

Answer 3

You think they care? They are out of control & now we are suffering with food prices 3 times the cost of a year ago not to mention fuel. What happened to government for the people. It's become government bleed the people.

Answer 4

i just go and  pick up a second job until i get things back in order.

as for the government. they are balancing their check book on ours. if we don't work they don't get paid. they can not simply stop spending. there are too many national parks to take care of. too many federal employees to pay and too many other countries that are asking for yours and my money. until the feds realize we can not support the world we will be in trouble. we also can not police the world. so we have to just let some things slip through the cracks.the feds cannot understand that. they are bleeding heart kind of people who think that money is the answer. the more we help them the less they are going to do for themselves. so we just have to stop helping other countries and start helping ourselves.  

Answer 5

Gather together a list of all assets. You may be surprised at what has been forgotten. Make a list of credit, in terms of amount and interest rate.

Some of these assets can be sold, either at Car Boot Sales or on Ebay.

Use the money raised to reduce debt, starting with the most expensive.

Keep the credit repayments as they were, despite the lower borrowings to repay capital faster.

As each debt is repaid, switch the amount repaid to the next most expensive debt. And so on. This creates a virtuous spiral of credit repayment.

Essentially it is reduce expenditure and maximise income.

Answer 6

Spend less and steal stuff.

Answer 7

The only problem with that is the concept of OPM.  (Other Peoples' Money)

Answer 8

Check the Chinese credit and increase that sending limit...then head to Vegas(Iraq) for the big Saudi payout...

Answer 9

As long as we are willing to accept taxation without representation. They won't change it. If it's working (in this case for the Feds) don't fix it.

Answer 10

What most people do is streamline their budget by eliminating spending that isn't necessary and prioritizing whats left.  I'm sure the boneheads in charge of our taxes know this, they just don't care.  It's all a game to them because it's not their money.  

Answer 11

cut corners anywhere i can.