Note From the Author

A Tale of Boundaries and Blessings

Dealing With Life’s Unexpected Turns (2 Minute Read)

Hello, dear readers!

Is this the season of heightened anxiety? It seems that me, a lot of my friends and family are dealing with this big thing called anxiety. For me, I get anxious when things are not going exactly as I planned them. Right now, I am racing the clock to clean-up rooms-for-rent in my personal home made from a past tenant whom I was helping- but ended up getting stuck with the raw end of the deal when she left the rooms I allowed her and her children to use (for 30 days) but actually turned out to be 6 months. This wound up costing me about $10,000.00 already in lost revenue for rental income. I need to get these rooms fixed by the end of this week so I can realize revenue for the month of November so I can finally stop the bleeding of paying my mortgage myself. At this point I don’t have it anymore. I have been doing this for a year. I need the contractor I hired to do the work but he is working at an extremely slow pace. I don’t know how to mitigate this though.

I have realized this: 

1. I can only control my actions not the actions of others. What I really need to do is create a way to work- around his slowness but still get me the desired results I need.

2. I have got to stop stressing about this because in the end it always works out for me

3. I have to be able to shift my mind on to other things to take my mind off of those things that are upsetting me and go back to them later when I can devote more of my mind to it.

   My friends and family seem to be going through similar situations where they are experiencing anxiety as well because they can’t get things to work like they want them to.

 Balanced Brew- Why the Budget Deficit Suddenly Matters Navigating New Motherhood with a Special Needs Child (4 minute read)

Wanna Be Featured in the Next issue of “Live Out Loud?” Here is how you can do it. (1 minute read)

Balanced Brew- Why the U.S. Budget Deficit Suddenly Matters

In recent times, the United States budget deficit has been making headlines and causing some concern. But why is this fiscal matter suddenly in the spotlight, and why should you pay attention to it? Let's dive into the details and explore the significance of the U.S. budget deficit.

What Is the U.S. Budget Deficit? The budget deficit is the gap between what the government spends and what it collects in revenue in a given fiscal year. In simpler terms, it's when the government spends more money than it brings in. This deficit is often covered by borrowing, resulting in an increasing national debt.

Why It Matters Now The U.S. budget deficit has always been a point of discussion among policymakers, but it has gained renewed attention due to several key factors:

1. Pandemic Spending: The COVID-19 pandemic led to unprecedented government spending to support public health, provide economic relief, and stimulate recovery. These expenditures significantly widened the budget deficit.

2. Inflation Concerns: As the deficit increases, some worry about its potential to contribute to inflation. Inflation erodes the purchasing power of our money and impacts the cost of living.

3. Debt Ceiling Debates: The government's ability to borrow more money to cover deficits has been a contentious issue. Political debates and standoffs regarding the debt ceiling have raised concerns about the government's ability to meet its financial obligations.

4. Interest Payments: A growing budget deficit means the government must allocate more funds to service its debt through interest payments. This reduces the amount available for essential programs and services.

5. Economic Stability: A ballooning budget deficit can affect economic stability. While deficit spending can be necessary in times of crisis, it must be managed to ensure long-term fiscal health.

What Can You Do? Understanding the U.S. budget deficit is the first step. If you want to delve deeper into this topic, there are excellent resources available:

• MorningStar Newsletter: For the original article that sparked our interest in this issue.

• Congressional Budget Office (CBO): The CBO provides detailed reports and analysis on the budget and economic outlook.

• U.S. National Debt Clock: Track the U.S. national debt in real-time and explore the numbers.

• The Balance: A reliable source for articles and explanations about the U.S. budget deficit.

It's essential to stay informed about fiscal matters that impact our nation's financial health. While the budget deficit may not directly affect your daily life, it can have long-term consequences for the economy, government services, and your financial well-being. Stay curious, stay informed, and, as always, "Live Out Loud."

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