Omama - Opinionated Moms

The money tracker is awesome, but stressful!

LOVE the money TRACKER. So cool!

Hey O-MAMAs! Click on the link to the USdebt clock above and see where all of the money is!

I want to see us tighten our belts. We spend billions and trillions. It is mind boggling. I get the whole "spend money to make money" concept, it's just too scary right now and I'm not convinced we are spending on the right things.

Dr Doom's report is pretty scary! Let's hope he's not telling the truth. Can we survive a WORSE year than this one. Sounds ominous.

I still dont know if a bank tax is the answer to stimulate the economy...still giving themselves bonuses with our money is pretty stinky!

Does anyone else feel like throwing up over the bank bonuses? So, they needed help...we bailed them out...they haven't paid us back yet, but they are paying themselves BIG FAT bonuses? Did I miss something?

Just read about Wall St. rally expected for 2010. Let's hope there's nowhere to go but up!

Well, that's encouraging! I think Wells Fargo said they are going to pay back their money, too. And, we are collecting interest. Fantastic.

Good for Citigroup paying back its share of the loan to us taxpayers. I, for one, could use it!

Check out all the news from this weekend!

I read the article about the Michigan moms and I am thinking that maybe they should go to Washington and balance the Federal Budget.

Lots to be thankful for in 2009! Love to all of you O-MAMAs!

Congress is talking about taxing Wall Street, so they can put that money back into small business? Not a fan of Congress usually, but that makes some sense?! It wouldn't impact 401Ks, etc. What do we think???

check out the WH task force article!

@latinmama: You're both right. So, how do we get back to basics? The grandma blog says simply sit down at THE KITCHEN TABLE and get to know your kids. That's a start! We eat dinner as a family at least 4 times a week...how about you guys?

Community? How about a country? A world? that places things above the things that matter most....its a fight that we all have to win little by little each day!

It's very frustrating for me to teach my child the value of things other than money. Unfortunately, we live in a community that places high importance on the car, the iPod, the Wii, the clothes, etc. etc. There seems to be a lack of focus on what really matters. I work hard everyday to teach this message.

Nice of Bernake to keep rate low...now if banks would just let some of that money go!

So im trying to sell my house...and the banks aren't coming off with money for buyers, so now its going back on the market. Ho hum...so much for that idea.

@momof3: memories are short. why else do we keep racking up debt??

@latinmama: So frustrating!!! He bailed their butts out...now, he needs to play hard ball and break them down, so they can succeed or fail and not bring down the whole economy with them!

I read the article on Wall Street bailing on Obama...what short memories these guys have. So ungrateful..Wall street idiots..he should have left them hanging out to dry. IN turn, though, I guess he would have left us hanging too! Makes me mad!

how do we get the dollar back on top? lets make it worth something again

how about drilling some oil and producing some of our own energy guys and get off of foreign oil???

hurray portfolio looking better today

Too many dollars in the system and low intersest rates are pushing our currency's value down..is this scary or what?

1) unemployment is always the last thing to turn around, 2) yep - goes with #1; employers will first increase employee hours (since a lot of people's hours have been cut back) before they hire new people back, 3) better than falling off a cliff, 4) so? 5) do you blame them? 6) because people are in saving mode...take a breath, there is a lot to fix and it's going to take a little while. Save. Save. Save. Work. Work. Work.

I have an economic question (s) How come we are hearing that the crisis is over when (1) unemployment rate continues to be high (2) joblessness is growing (3) markets moving but not much (3) banks holding onto money not stimulating economy (4) talk of gold going up (5) talk of moving off of dollar in mideast oil producing countries (6) consumer spending not increasing ???? Where's the recovery?

@ocmama: my son gets $1 a week for setting and clearing the dinner table (that's courtesy of my mom. if it were up to me, he'd be doing those things for nothing!). he's only 6, so i'm sure he'll get an allowance eventually.

The demise of the dollare article is a great one! ehck it out...scary

@Debomama: Wal-MART or Costco...

Where can I get a cheap flat screen?

The kids and money video works now...you all should watch it...scary!

Great piece on california's economy going into the toilet....scary stuff!

O-MAMAs, new video on changing family roles due to the economy...what's your opinion?

so, how much do you give your kids?

Well, I give some for over and above chores like washing cars or scooping poop. The other stuff, like making beds and clearing dishes are just part of being part of the family. But, knowing the value of hard work and the almighty buck is a good thing. My son has a little savings account that he puts his cash in and when we go to Disneyland or do something big, I let him know that it's a big deal relative to how much money he has saved up. I dunno...I just think everything is soooo excessive these days. Better to be a little more frugal than not.

I don't. Should I? I just say "no" a lot...I'm going to try the money jar thing and maybe encourage them to save up for something they want...

How much allowance do you give your kids?

The NY TIMES link isn't working anymore!?

OMG, I almost threw up! We have really gotten on the wrong track with our priorities...as a society, we have valued THINGS and we have let the basic principals of need/want and working hard fall to the way side. YIKES!

Y'all have to watch the NY times video above...truly scary! A bunch of teens talking about their "limitless credit cards" and spending four figures on purses! Thanks Paris Hilton!