Your 4 Step Guide on How to Stop Living Paycheck to Paycheck

Your guide on how to stop living paycheck to paycheck

For more than a decade, wages, in real terms, have been pretty much stagnant.

Even as productivity has increased among the middle class, wages have failed to improve to match.  So, even though the recession has been over for more than five years, many Americans still feel the pinch.

Recent research suggests that more than 25 million middle class Americans are living paycheck to paycheck.

According to a study from the Brookings Institution, 66 percent of the American households living “hand-to-mouth” are families with median incomes of around $41,000.

This means that, even though there is an economic recovery underway (albeit is rather lukewarm recovery), millions of Americans — many of them with jobs — aren’t reaping the benefits of the recovery.

When you’re living paycheck to paycheck, you don’t usually have liquid assets, such as savings accounts.  The research finds that these Americans do have homes and retirement accounts, but, even then, the median net worth is still only $41,000.

To get beyond living paycheck to paycheck, the Americans in this study needed an income of $51,000 a year, and had assets of $116,000.

But that doesn’t mean that you are doomed to live paycheck to paycheck, no matter how much (or little) you make.  You can stop living paycheck to paycheck, if you are willing to make changes to the way you handle your budget.

Here’s How to Stop Living Paycheck to Paycheck

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Capital One 360 Financial Independence Days Sale 2014

mount_rushmore

Head on over to capitalone360.com/independence to grab some savings and wave the flag of financial freedom.

Capital One 360 Financial Independence Days Sale – 2014

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Frugal And Free Things To Do And See In New York City

Free and frugal things to do in NYC

New York City.  The city so nice they named it twice!

Before I show you frugal, cheap, and free things to do and see in New York City let’s look at the first paragraph from Wikipedia:

New York City (officially The City of New York) is the largest city in the United States, with its metropolitan area ranking among the largest urban areas in the world. Founded as a commercial trading post by the Dutch in 1625, it served as the capital of the United States from 1785 until 1790, and has been the nation’s largest city since 1790. Located on one of the world’s finest natural harbors, New York is one of the world’s major centers of commerce and finance. New York also exerts global influence in media, education, entertainment, arts, fashion and advertising.  The city is also a major center for international affairs, hosting the headquarters of the United Nations.

Pretty cool, huh?

What is NYC?

First off I think we need to put some borders on NYC.

Most people think of NYC as Manhattan but you’d be doing a disservice to yourself if you only looked to Manhattan for things to do.

NYC is made up of five boroughs – Manhattan, Queens, Brooklyn, the Bronx, and Staten Island.  All but the Bronx are islands.  I tried to spread the love around the entire city as much as I could but don’t be offended if I don’t give every borough equal weight.

So here are Frugal And Free Things To Do And See In New York City (in no particular order):

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How We Saved Money On Our Disney World Vacation (and Had a Great Time As Well)

how we saved going to Disney World

Some years back we needed to figure out where we wanted to go on vacation.

It was my wife, our 7-year-old daughter, our 7-month-old son, and myself.  Since our son was so young we wanted to keep the flights short.  (Back then there were four of us, now there’s six if you’re trying to keep track.)

We decided now would be a great time to go to Disney world!

Read on and you’ll find out why Disney World was a great destination at the time and how I went about researching the best prices and activities.  This is valuable stuff you’ll want to bookmark if you think you’ll ever go to Disney World.

Tips to Save Money At Disney World

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This is Why Your House Isn’t Selling – Here’s How to Finally Get Your House Sold

This is why your house isn't selling.

You’ve had your house on the market for a while now and you’re asking yourself “why isn’t my house selling?”

People sniff around but no one is biting.  What’s going on?!?

Yes, the market may have a lot to do with it but houses do sell so there’s probably more than the market at play here.

Keep reading and you just might see why your house isn’t selling so you can finally get your house sold.

11 Reasons Why Your House Isn’t Selling and How to Finally Get Your House Sold

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Don’t Go Broke Celebrating Mother’s Day – 7 Frugal Ideas

frugal mother's day ideas

Mother’s Day is quickly approaching! 

It’s easily a day you can go crazy taking care of the moms in your life.  And by going crazy I mean spending gobs of cash.

It’s hard enough trying to figure out what mothers want for Mother’s Day.  Paying for it gets even trickier.

That’s not good.

But there are ways you can be frugal for Mother’s Day!  Keep reading and you’ll see some easy ways you can celebrate mom and be frugal as well.  You might even get extra points with mom for creating something on your own that was heartfelt.

Here Are Some Frugal Mother’s Day Ideas That Won’t Break the Bank:

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What Do Your Property Taxes Pay For?

What do property taxes pay for?

How many times have you looked at your tax bill, threw your arms in the air, and yelled our “where is all this property tax money going, this is way too high?!?”

Maybe I’m the wacky one, but I’ve done that.  (Actually, I would probably have an expletive or two in there.)

The problem with that view though is that property taxes are never a single number, but a combination of several.

Most of us tend to think our property taxes are too high, but then we get a bit hung up on the components.  We may want a lower tax bill, but at the same time we might support high spending levels in certain areas, or even just one in particular.

There are constituencies behind each category of our property taxes, which is why it’s so hard to get lower taxes overall.

So What Do Your Property Taxes Pay For?

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