Welcome to WorkSaveLive: a blog dedicated to changing the way Americans think about money, their lives, and their careers.
Quick Facts about the Average American
- 70% of Americans live paycheck-to-paycheck
- 65% of Americans don’t have enough saved to cover one month’s worth of expenses if they were to lose their job
- 80% of Americans identify money as a significant source of stress
- 45% of Americans over the age of 55 have less than $25,000 saved for retirement; 30% (of all American workers) have less than $1,000 saved
- 77% of Americans expect to hold a job in “retirement”
Are you normal?
I certainly was. I’ve had days where I couldn’t pay my basic bills. I’ve received 20 debt collection calls a day for months on end. I’ve had credit cards closed because they were too far past-due, bank accounts be negative for 30 days straight, and so many checks bounce that I thought I’d be arrested for fraud. I’ve taken Payday loans and pawned personal items to pay bills and eat. I’ve missed days of work because I didn’t have money to fill my car with gas. I had days where I was scared, defeated, and thought there was no way out.
“Failure is not a single cataclysmic event. You don’t fail overnight. Failure is a few errors in judgment, repeated every day.” – Jim Rohn
Fortunately for me I was able to turn things around. I found that the solution to my problem wasn’t making more money. It was really the way I thought about, dealt with, and spent the money I was making. The real issue with our financial troubles has very little to do with income; it’s related to lack of properly understanding how to handle money.
“If you follow the masses, you will end up like the masses. If you dare to be different,your life will have a significant impact.” – Patrick Kelly (Tax-Free Retirement)
The world we live in makes it extremely difficult to win with money, and if you choose to follow everybody else you’re assured to end up broke. My goal is to help one person, every day, take a step in the proper direction. My hope is to help people overcome the reign that money has on their lives.
I have been married for three years to my amazing wife. Over the last 5 years we have paid off nearly $60,000 in debt. If not for her sacrifices I would’ve never been able to change my career, pursue my passions, and start this website. Succeeding with money, and in life, takes amazing spousal teamwork and I couldn’t be more thankful for her.
When I was young and free my imagination had no limits,
I dreamed of changing the world.
As I grew older and wiser I discovered the world would not change –
So I shorted my sights somewhat and decided only my country,
But it too seemed immovable.
As I grew into my twilight years, in one last desperate attempt,
I settled for changing only my family, those closest to me,
But alas they would have none of it.
And now I realize as I lie on my deathbed, if I had only changed myself first,
Then by example I might have changed my family,
From their inspiration and encouragement I would then have been able to better my country,
And who knows, I might have even changed the world.”
– On a tomb dated AD 1100 of an Anglican bishop in the crypts of Westminster Abbey
You can reach me at firstname.lastname@example.org.
Disclaimer and Stuff
The articles are written by personal finance enthusiasts (not certified professionals) based on their personal experience. What works for them may or may not work for you, and you should always consult a financial advisor before making important financial decisions.
In accordance with FTC guidelines, we disclose that we have a financial relationship with companies mentioned in this website. This may include receiving access to free products and services for product and service reviews and giveaways.
Any references to third party products, rates, or websites are subject to change without notice. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers.