Many people can't wait to toast 2011 goodbye -- and good riddance. At this time last year, maybe you thought the economy would be a bit more gracious by now. You might have gotten that raise, that new job, finally sold your house, been able to get a mortgage.

Chances are, your financial dreams didn't come true. Which is not to say there haven't been hopeful signs--chiefly that things aren't worse. But when it comes to the recession, most of us are still pretty much stuck.
What did you learn about money this year?
To live within my means.610 (35.9%)
Credit cards are dangerous for me.148 (8.7%)
I can't rely on just one source of income.257 (15.1%)
To save and invest.416 (24.5%)
I didn't learn anything.270 (15.9%)

"Even if the experts tell us the recession is over, if it's not over in your household, it's not over at all," says Gail Cunningham, spokeswoman for the National Foundation for Credit Counseling.

So as we reflect on the year that was, here are half a dozen financial lessons to take away from 2011.






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tradecommodities

Is Gold A Bubble?

A must watch for investors.

http://www.youtube.com/watch?v=H1_lWDxprEY

December 28 2011 at 1:21 AM Report abuse rate up rate down Reply
chris1011

http://cro­oksandliar­s.com/jon-­perr/10-in­convenient­-truths-ab­out-debt-c­eiling

10-inconve­nient-trut­hs-about-d­ebt-ceilin­g

1. Republican Leaders Agree U.S. Default Would Be a "Financial Disaster"
2. Ronald Reagan Tripled the National Debt
3. George W. Bush Doubled the National Debt
4. Republican­s Voted Seven Times to Raise Debt Ceiling for President Bush
5. Federal Taxes Are Now at a 60 Year Low
6. Bush Tax Cuts Didn't Pay for Themselves or Spur "Job Creators"
7. Ryan Budget Delivers Another Tax Cut Windfall for Wealthy
8. Ryan Budget Will Require Raising Debt Ceiling - Repeatedly
9. Tax Cuts Drive the Next Decade of Debt
10. $3 Trillion Tab for Unfunded Wars Remains Unpaid

December 27 2011 at 6:26 PM Report abuse rate up rate down Reply
Mike

Fed res dollar printing has increased to keep up with US treasury's need for them as debt buyer of last resort. Euro is doing same for their debt but doesn't hold the luxury as world's res currency. Fed exports it's inflation to the world euro can't & WILL hypor inflate to ZERO. Europ will run to the dollar as others trade for gld/slvr. Even with small demand increase gld/slvr price rise outside the fed's ability to keep suprpressed & dollar will start its final fall, world WILL panic & gld/slvr will BE only reserve currency. World fiat monotary system is collapsing & we face deep depression. Got Gold? China & India does, why's that you figure?

December 27 2011 at 1:35 PM Report abuse rate up rate down Reply
jhrooney

I wonder how long it will be before Barney Frank and Chris Dodd are indicted for fraud. In case you have forgotten these two swore all was fine at Fannie and Freddie, before the collaspe. In truth, housing was speculated beyond reason by everyone from mom and pop to professionals. For all you people that are underwater on your home loans, NO ONE HELD A GUN TO YOUR HEAD TO SIGN THE MORTGUAGE.You took a risk that housing prices would continue to rise and you blew it.

December 21 2011 at 10:47 PM Report abuse rate up rate down Reply
cecil berry lee

I got out of risk as soon as the repugs started talkng anout a balanced budget amendment and scared the hell out of america!

December 21 2011 at 12:50 PM Report abuse +1 rate up rate down Reply
1 reply to cecil berry lee's comment
savemycountry911

Dumbercraps are worse. America knows that now.

December 21 2011 at 7:50 PM Report abuse rate up rate down Reply
1 reply to savemycountry911's comment
chris1011

Did you earn your nickel with that post?

December 23 2011 at 12:37 PM Report abuse +1 rate up rate down
hargroveka

One lesson my business has learned is that our A/P department can generate revenue with the CSI Virtual MasterCard, I can pay my vendors via MasterCard and get a rebate at the end of the month, check out www.csivirtualmastercard.com it's simple, safe and secure!

December 21 2011 at 8:12 AM Report abuse rate up rate down Reply
jden1952

#4 should be #1, and the title should be, "If the government is involved in finances, we're all f***ed." It's the only institution that can steal your money claiming it's for your own good, screw everything up, then force you to give them more. The government should learn what all of us are, and have been, doing for a long time... live within your means. 1775 is about to repeat itself, and it's not going to be pretty.

December 20 2011 at 9:45 PM Report abuse -2 rate up rate down Reply
wlnorman

I am always unpleasantly surprised by the depth of bad information that will be believed. Hard to know where to start. Maybe math? Debt is about $15 T /population over 300 M so debt per resident is about $50,000 not $450,000.

As to Debt cause. again look at data' Bush took office with surplus and years of surplus - immediately increased spending and cutr taxes. Had First budget OVER $2T and later first one over $3 T! National debt when he took office was about $5T . his 2009 "approved" Budget put it at over $11 T. And that was before adding his $1.4 T TARP (started at $1 T and grew) Biggest debt build up under Obama have been laws (medicare D and defense and tax cuts) left over from Bush era.

Unemployment was at 10.1% about when Obama Stimulus of Feb 2009 started working. It is now nearing 8% - 5-6% is normal. Check all other indicators - housing starts, foreclosures, unemployment applivcations, retail sales, stock market (Bush drove DOW from 14,000 down to 7000 when Obama took over - now at 12,100 and rising.) Look at wholesale, manufacturing, exports, etc, ALL UP SINCE OBAMA took office not down.

Posters should do their homework and think for self not let other tell them. Not even me - go look it all up and not on Fox or any R. Murdoch media or Conservativve "non-profit think tank" PS - Don't believe Democrat "think tanks either.

December 20 2011 at 9:12 PM Report abuse +2 rate up rate down Reply
2 replies to wlnorman's comment
David

well said.

December 21 2011 at 4:21 PM Report abuse rate up rate down Reply
chris1011

Rational thought is not normal here. You have a bunch of retired old grumpy men sitting around with nothing to do but rag on and on about Obama. All they hear all day is what Rush Limburger and Glen Beck tells them. Of course their world view is skewed. It's the way the Neocons planned it.

December 23 2011 at 12:40 PM Report abuse +1 rate up rate down Reply
alucky1128f8@aol

I SEE EVAN HAS BEEN HERE WITH HIS LIBERAL CRAP !!!!!! LOL.

December 20 2011 at 8:32 PM Report abuse -4 rate up rate down Reply
Gilbert

Since Obama became President the MISERY INDEX went up three fold...High unemployment,No capital to expand business,Over regulation strangling small business and Finally high closing costs on Real Estate. Four more years of Obummer and this country is done. We need to cut out this Cancer while we still can and show him the door in Nov. 2012. I voted for him in 2008 but never again! "Generic Republlican for President" Obummer is not fit to be elected dog catcher.

December 20 2011 at 3:01 PM Report abuse -5 rate up rate down Reply