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Debt & Finance Blog
Surviving paycheck-to-paycheck in America is simultaneously commonplace and scary. But this doesn’t mean people just scraping by can’t overcome the debt that threatens to swamp them. All it takes is…
Facing a mound of piling debts each month is an exhausting process. You may be tempted to throw chunks of your paycheck at your auto loan one month and then…
June 1 marks the beginning of hurricane season. Meanwhile, across much of the Western U.S., major droughts have greatly increased the danger for summer wildfires. And don’t forget last winter’s…
Once upon a proverb, “One man’s trash is another man’s treasure” was just another way of saying, as 1960s hipsters did, “Diff’rent strokes for diff’rent folks.” Then came the internet…
The choice between paying credit card debt and taxes isn’t as simple as calculating money saved on interest. Failing to pay taxes has massive repercussions – just ask Martha Stewart.…
Your golden years should be an era of leisure and adventure, of self-discovery and reinvention. For most, maximizing our retirement experiences means maximizing our retirement income. When and how to…
Millions of dads won’t admit it, but what they really want for Father’s Day isn’t an Apple watch or a Tom Brady jersey or a hair transplant. What they really…
Getting laid off is traumatic, but at least I got the bad news in a fitting place. I was in a doctor’s office when my cellphone rang. It was my…
American culture has created names for various age groups based on when they were born. Baby Boomers. Millennials. Generations X and Y. But another demographic has emerged based on what’s…
Is your small business having cash flow challenges? Have you seen the tempting ads for merchant cash advances? If your answer to both questions is “yes,” be sure to consider…
Sources:
- NA (2019, May) Report on the Economic Well-Being of U.S. Households in 2018 — May 2019. Retrieved from https://www.federalreserve.gov/publications/2019-economic-well-being-of-us-households-in-2018-executive-summary.htm
- Brockman, K. (2019, August 14) Most Americans are living paycheck to paycheck, survey shows. Retrieved from https://www.usatoday.com/story/money/2019/08/14/paycheck-to-paycheck-most-americans-struggle-financially-survey-says/39940123/
- Leonhardt, M. (2019, May 13) 62% of millennials say they’re living paycheck to paycheck. Retrieved from https://www.cnbc.com/2019/05/10/62-percent-of-millennials-say-they-are-living-paycheck-to-paycheck.html
- NA (2019, May) Modern Wealth Survey. Retrieved from https://content.schwab.com/web/retail/public/about-schwab/Charles-Schwab-2019-Modern-Wealth-Survey-findings-0519-9JBP.pdf
- Paquette, D. (2018, December 29) Living paycheck to paycheck is disturbingly common: ‘I see no way out.’ Retrieved from https://www.washingtonpost.com/business/2018/12/28/living-paycheck-paycheck-is-disturbingly-common-i-see-no-way-out/
- Milligan, S. (2019, January 11) Stretched Thin: The continuing government shutdown highlights the fact that most Americans have little to no savings. Retrieved from https://www.usnews.com/news/the-report/articles/2019-01-11/stretched-thin-majority-of-americans-live-paycheck-to-paycheck
- Irby, L. (2019, February 6) How to Stop Living Paycheck to Paycheck. Retrieved from https://www.thebalance.com/stop-living-paycheck-to-paycheck-960033