Why the Election Won’t Change My Financial Plan

Brent Pittman —  11/05/2012
ballot box

Will the results of the election change your financial plan? Credit FutUndBeidl.

The election is finally upon us and it’s time to cast those ballots. Thankfully the political ads on TV and radio will be ending within hours and you won’t have to switch the channel or turn down the radio ads.

No matter who wins the presidential election, it won’t change my financial plan.

Why the Election Won’t Change My Financial Plan

No matter if we have a lame duck president or a strutting rooster come Wednesday, my personal financial plan won’t change. I don’t let the political landscape dictate my prosperity success.

I run my own financial race at my own pace. My eyes are focused on the goal. One foot in front of the other. I don’t hear the jeers of crowding shouting, “It is impossible.” or “You can’t win in this economy.

I keep running my personal financial race and plodding my way to financial independence. My goals are clear and laid out. Victory is in hand. The only thing left is to lace up my shoes and run.

Congress doesn’t determine my financial future, I do. I take responsibly for my future. The government can raise or lower taxes, but I’ll keep running and sticking to my financial plan (just with a lighter pocket).

If you are doing smart things with money like budgeting, reducing debt, and saving for the future it doesn’t really matter who is in office (financially speaking).

We all have a personal financial race to run. It’s time to turn off the T.V. and start training for our goals.

Do you believe the election will change your financial situation? 

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Brent Pittman

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Brent is a financial coach and writer looking for the perfect donut. He believes personal finance should be both fun and accessible to anyone willing to learn.
  • maria@moneyprinciple

    I belong to the camp that believes that elections may not change your financial plan but they certainly can have an effect on how this plan pans out. That agian, I am an European and here we think that super-heros belong to comic books; in life we have to account for broad conditions, restrictions and limitations. Not necessarily a very helpful attitude but…

    • I’m sure looking at the election from the outside seems like circus, which of course it was! Personally, I don’t see the POTUS as a superhero no matter what color cape they wear.

  • Shouldn’t make much difference one way or another!

  • I agree. My plan is long term, and its going to take a lot more than one leader to do a good / bad job. My plan is based on my priorities and projections from reasonable historical data. Everything else is just noise!

    • Unplugging the TV is good for reducing the noise.

  • Keith Bunn

    I agree also! My wife & I are going to bust through our debt as planned!

  • Totally Agree Brent. The things my wife and I do with our budget like budget, saving for our future, and giving won’t be impacted at all by the results of the election. I always like to remind myself that whoever is in charge of the country never cares about my own personal economy more than I do and that it’s up to me to live the life I want to.

  • I do believe it will affect my net income one way or another, but no one knows for sure. It won’t change how I go about my personal finance business though as I plan to take advantage of all tax benefits I can to further myself as much as I can. Either way, I hope people get out and vote.

    • It will be interesting to see how taxes change in the next few years.

  • Nope, my plan will continue regardless of who is elected.

  • krantcents

    Not at all! I may have to adapt to some change, but that does not change my goals or my plans.