Had Enough of Living Paycheck to Paycheck?

by Jackie Beck

how to stop living paycheck to paycheckAccording to the Brookings Papers on Economic Activity about 1/3 of Americans live paycheck to paycheck.

That’s about 38 million folks who would be in trouble if they had to pay an unexpected bill or would be panicked if they lost a job. If you’re one of those folks, you know it sucks.

I know too, because I used to be one of them. But it doesn’t have to stay that way. You can stop living paycheck to paycheck.

Here’s what it takes to change things. Read the rest of this entry

Posted in Money Problems on 08.20.14 | Leave a comment

How to Declare Independence from Discontent

by Jackie Beck

How to be happy with what you already haveI once asked someone who had a perfectly good smart phone why they wanted a new one. They explained that the newer phones look nicer, have more features, and work better.

The thing is, there will always be a nicer-looking phone with more features available. You just can’t keep up.

The same is true for so many things. You can spend a lot of money trying to have the newest thing — while never really being happy with what you do have for long. Or you can enjoy the things you already have.

So how can we declare independence from discontent? What can help prevent us from constantly wanting the latest and (supposedly) greatest? Read the rest of this entry

Posted in Debt and Emotions on 08.18.14 | Leave a comment

Why You Should Worry About Student Loan Interest

by Jackie Beck

Sometimes I hear people talking about how they’re not paying off their student loans because the interest rate is so low that it’s not worth worrying about.

Something about that just seemed off to me, so I spent some time with a few calculators to puzzle it out. Read the rest of this entry

Posted in Student Loans & Scholarships on 08.13.14 | 1 Comment

It’s Not Just Luck

by Jackie Beck

You don't have to be

“Debt happens. And it happens to most of us, unless you’re one of the lucky few who can afford to pay cash — in full — for a house or a new car”, says Dayana Yochim in an old quiz called Financial Fact or Money Myth.

Unless you’ve just won the lottery or some other game of chance, I disagree.

Debt doesn’t just “happen”, and it’s not only the “lucky few” who can afford to pay cash for things, even big things like a house or a new car. Read the rest of this entry

Posted in Debt Myths on 08.11.14 | Leave a comment