S2 E11: "I tripped and fell into a career I don't like. How do I reinvent myself?"

Season 2, Episode 11: “I Tripped and Fell into a Career I Don’t like. How Do I Reinvent Myself?”

If you’re new here, let me get you up to speed: personal finance is personal. And as a result, it’s also often complicated—a Choose Your Own Adventure with multiple right answers and mitigating circumstances.

Which is why it is so easy to feel stuck in your career or financial journey. What do you do when you’re just fine… but you want more? How do you overcome crippling stagnation? How do you justify leaving the safety of your established, safe career… and risk everything to leap headlong toward your dreams?

Alternatively: when is the safe and not-super-fulfilling job sometimes exactly what you need? What could you do with the excess creative mental energy that a boring day job affords?

All these questions (and much talk of Spiderman!) on this week’s episode.

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Your College Major May Not Prepare You for Your Job—but It Can Prepare You for Life

Your College Major May Not Prepare You for Your Job—but It Can Prepare You for Life

How much does your college major matter? The answer varies a lot, depending on which industry you’re trying to break into.

For example, I’m a white collar worker, and work alongside folks with undergraduate degrees in history, finance, literature, and psychology. Yet I’ve noticed among medical professionals, it is generally frowned upon to dispense medical wisdom under the mighty authority of a BA in Film Criticism. Hmm. Curious!

I spend a lot of time working with recent graduates in the course of my Clark Kent day job. And I’ve noticed that a lot of them seem apologetic or insecure about their majors, especially when those majors don’t relate directly to the assigned task.

Just the other day, I was getting sloppy with my speech in a one-on-one meeting with a mentee, using too many unnecessary bits of industry jargon. “I’m so sorry,” she said, “but could you please explain what that means? I love marketing, but I only found that out about myself once I started doing internships in my senior year. It was too late to change my major, so I’m really behind.”

It kinda broke my heart! (And was totally my bad. I didn’t need to say “stakeholder feedback needs to be strategically leveraged against known best practices.” Not when I could’ve just said “clients are ignorant babies, ignore them whenever possible.”) There’s a learning curve for every new job, no matter how familiar you are with the industry. No reasonable person expects you to instantaneously intuit absolutely everything.

Remember your value

I think a lot of our readers could benefit from a healthy reminder that you bring great value to your job role just by being you, regardless of what you studied in school or learned in internships. In my observation, technical know-how and industry experience are far less important than the “soft skills” of managing people, priorities, time, data, and (most importantly) yourself.

Piggy and I have our own observations, but they’re based on the narrow experiences we’ve lived or observed firsthand. So I thought I’d float this discussion in our Patreon community. I asked donors for their insights into skills and habits they learned in their majors, and how it serves them in the job role they perform today. And like the dedicated employees of the United States Postal Service, they delivered!

The best advice comes from real, lived experiences—and the more diverse, the better. Here’s hoping this advice will inspire younger readers who are still deciding on this issue. But also, those more established folks who may be questioning the feasibility of a major career shift.

… Omg, a “major” career shift! Get it??

Here are some things that your “off-topic” major might teach you…

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Season 2 Episode 10: "Which is Smarter: Getting a Loan? or Saving up to Pay Cash?"

Season 2, Episode 10: “Which Is Smarter: Getting a Loan? or Saving up to Pay Cash?”

The financial lessons we received from our parents are problematic for many reasons.

For one thing, they’re often out of date, as the economic atmosphere of the 1970s and 1980s is a far cry from what we’ve experienced in a post-2008 world. We’re long past the quaint advice to pay for college by “getting a summer job” and to start a career by “walking into a business and asking for a job in the mailroom.” Heckin precious.

But there’s also the way an assumption of background knowledge can lead to further confusion. For if you don’t understand basic financial principles, the sweet knowledge nuggets your beloved Boomer dad drops on you might go down like lead balloons. Just as you can’t understand where Beyoncé came from without Destiny’s Child, you can’t talk about getting loans until you understand how interest works!

This week we’re dealing with just this issue. Petey is one of my oldest and strangest friends. I made him walk down the aisle with Kitty at my wedding in the hopes that those two weirdos would have a vulgar joke-off (alas, they conducted themselves with the decorum expected of a bridesmaid and a groomsman and saved the nasty shit for the dance floor).

Petey has his head all in a tizzy over his dad’s vague and incomplete financial advice. So we decided to set the poor boy straight!

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Season 2 Episode 9: "I Volunteer in My Free Time. Should I Focus on Making Money Instead?"

Season 2, Episode 9: “I Use My Free Time to Volunteer. Should I Focus on Making Money Instead?”

You’re employed. You’re making enough money to live on and putting a little away for the future. And you’re filling your free time with stuff you find enjoyable and fulfilling.

… but is it enough?

This week we handle the nagging feeling that you should be doing more with your time. It’s hard to fight against the advice that you need a second income stream, the coveted “side hustle”, even when in reality you’re doing just fine. It’s all tied into that most frightening of the coronavirus pandemic’s side effects: productivity porn.

And if that wasn’t enough terror, we slip in a real palm-sweaty story about that one time

KITTY READ PIGGY’S DIARY

and

WAS TOTALLY CAUGHT RED-HANDED, THAT FUCKING SNAKE!!

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Ask the Bitches: “How Do I Put a Stop To Unwanted Monetary Gifts?”

Ask the Bitches: “How Do I Put a Stop To Unwanted Monetary Gifts?”

Since we’re all living through fairly doomy and gloomy times, I want to occasionally slip in a question that’s firmly in the category of a nice-to-have problem.

Just such a question appeared in our Patreon inbox this week. (Patreon donors get direct access to the single glowing brain that Piggy and I share, and can ask us questions directly, which we are guaranteed to answer!) Since this question involves some venting about their family members, I’ll protect their identity by calling them Fran.

Hey Powerful Sunflowers, 

I’m a financially secure adult in my late twenties. My husband and I are homeowners and prolific savers. We’re doing great! However, my parents still insist on treating us like kids.

My father loves to give me money anytime I go to visit. It was awesome when I was in college, but started to feel infantilizing as I’ve grown. So I started to refuse to take his unwanted monetary gifts, but he sneaks it into my purse!

It’s always more than a hundred dollars. Sometimes much more. 

I donate it when I find it, but it’s still frustrating! I really do not need or want my parents’ money. So it’s partially a money question and partially a relationship question. Is there anything I can do to stop taking the unwanted monetary gifts? And if not, is there a better way to be using the money? 

Thanks Bitches.

– Patreon Donor Fran
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S2 E8: "A fancy restaurant mislead me! Was I right to refuse to pay the bill?"

Season 2, Episode 8: “A Fancy Restaurant Misled Me! Was I Right to Refuse to Pay the Bill?”

We Bitches are many things—king makers, trendsetters, practitioners of all the best grandma hobbies. We’re also unapologetically obsessed with r/AmItheAsshole, Reddit’s glorious channel dedicated to the important and if-you-had-to-ask-you-already-know question “Am I the Asshole?”

This week we just could not fucking resist pulling a money-related question straight from r/AITA. Trust me: it was worth it. Dedicated readers and listeners will recall just how strongly we feel about the etiquette of tipping servers in these United States. So naturally, this one got our hackles up. Hopefully it will get your *cackles* up!

Read on for a phonetic spelling of gnocchi from an irritatingly oblivious guy who “likes to eat,” but only if the food is stolen and/or McDonalds. And ladies (just making an educated guess here), he’s recently single!

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The Magic of Unclaimed Property: How I Made $1,900 in 10 Minutes by Being a Disorganized Mess

It’s hard to pinpoint which personal finance site I dislike the most. There are so many tone-deaf mansplainers and pyramid schemers to choose from!

… But The Penny Hoarder is way up there.

I see their ads everywhere. And I’ve read a few of their articles, thanks to their scientifically-engineered-for-maximum-clickbait titles. But they are so embarrassingly saturated with referral links promising “quick” and “easy” money that I feel the strong need to shower afterwards.

I just really hate that kind of crap.

Spoiler alert, kids: almost nothing worth doing can be done quickly or easily. By definition, people only seek quick and easy solutions to long and hard problems! “One cool trick” ads ain’t out there saving lives.

  • If there were miracle exercises that gave you Jason Momoa’s body with only ten minutes of weekly exercise, there would be no highly compensated personal trainers in LA, and everyone would look like Jason Momoa (and what a lovely planet that would be)!
  • If there were miracle diets or supplements that could change the shape of your body quickly and easily, we’d’ve discovered them millennia ago, because there is nothing on this earth a human being hasn’t shoved in their piehole. The only truly new food we have invented in the last ten thousand years is Velveeta, and in my hands-on experience, eating Velveeta initiates a slow process of becoming Velveeta.
  • If there were some miracle product that could eliminate acne, there wouldn’t be 2.5 aisles full of hundreds of skincare products at Target. We would just use The One!

The same is absolutely true for money too. If it grew on trees, there’d be a fuckton more arborists. Alas, currency is a scarce commodity that’s difficult and time-consuming to accumulate by its very nature.

I say all this so you understand how shocked I am to be writing an article with this headline… and meaning every word of it.

I just made $1,900 very quickly and very easily. And you may be able to make money in the same way—but it only works if you are as irresponsible and disorganized as I am.

Intrigued? Mwa ha ha! … good.

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The Real Story of How I Paid Off My Mortgage Early in 4 Years

The Real Story of How I Paid off My Mortgage Early in 4 Years

As of fifteen minutes (and one very cold beer) ago, I officially own the beautiful house I’m sitting in right now.

That’s right: I paid off my mortgage early.

My partner and I have been refreshing our mortgage account every few hours today, waiting for the final payment to process. (Weirdly, you have to WIRE the final payment. Seriously? After this years-long relationship of sending personal check after personal check, our mortgage lender refuses to trust us at the finish line? Fine, whatever…) Just before the close of the day, it happened.

Look! I paid off my mortgage early!

Current principal balance: $0.00.

$0.00.

My mortgage is gone. I am done paying rent. I paid off my mortgage early. If all things go according to plan, I will never ever pay rent again for as long as I live. Let’s talk about it!

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Season 2, Episode 3: "Why is my girlfriend pissed at me for being generous?"

Season 2, Episode 3: “Why Is My Girlfriend Pissed at Me for Being Generous?”

We have friends in real life.

No really, we do!

Why don’t you ever hear about them? They, uh, live in Canada…?

This week’s question comes from one of our IRL pals, whom we’ve called Will. He’s in conflict with his girlfriend over money. Specifically, she seems to be giving a lot of side-eye to his personal generosity—especially when the beneficiaries of that generosity are her family members.

Luckily for Will, one of our main skills is correctly guessing why women are mad!

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Ask the Bitches: “The Government Put Student Loans in Forbearance. Can I Stop Paying—or Is It a Trap?”

Ask the Bitches: “The Government Put Student Loans in Forbearance. Can I Stop Paying—or Is It a Trap?”

So… I made a mistake.

Our Patreon donors have been so wise with choosing quality topics in the past. So this month, I invited our supporters to pitch article topics directly to us.

Sounds great, right? WRONG. This was a huge mistake because all of our supporters’ ideas are fucking great! Now I have no choice: I simply must write them all. When am I supposed to do my life’s most important work: incorrectly cutting the wood for my woodworking project, then driving to Lowe’s to buy more wood???

This is technically incorrect. Piggy is the Chip.

One question stood out as being particularly time-sensitive, so today I’m answering this question from our patron Rachel, who we all know to be so glitteringly beautiful that she’s regularly mistaken for an ice sculpture of herself:

I’d love to know your thoughts on U.S. federal student loans currently being deferred with no interest. Is it smart to continue to make my regular loan repayment? Or should I stop making student loan payments and use that money to invest in other things?

– Patreon Donor Rachel

An excellent question! Today we’ll address the basics of student loan forbearance, including how it pertains to the CARES Act. (That’s the $2 trillion stimulus package we explained here.)

Luckily there’s a fairly definitive answer, which I am just barely capable of explaining in human speech. Let’s get into it!

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