Vice Column

Dear Vice Column,  I work a high-paying job in finance, but I'm feeling unfulfilled and want to pursue my dream of becoming a musician. I'm worried about the financial implications of quitting my job, and I need advice on how to make a smooth transition. My guilty pleasure is buying vintage clowns, and I have a collection worth over $10,000. Am I weird? - Clown-Collecting Finance Worker Dear Clown-Collecting Finance Worker, Everyone has their own unique interests and hobbies, and it's important to embrace them. However, I understand that your main concern is how to pursue your dream of becoming a musician while still being financially responsible. So do you really need to be spending more on clowns right now?   It takes a lot of courage to break away from a secure, high-paying job to pursue something that might not have as clear of a financial path. But life is too short to not pursue what makes us happy. Before you take any drastic measures, consider starting your music ...

Dear Vice Column, I'm a 30-year-old artist who loves to splurge on fancy art supplies and equipment. But now I'm struggling to make ends meet and need to start budgeting better. I also have a weakness for gourmet coffee, and I spend over $100 a month on artisanal brews.  - Coffee-Addicted Artist Hey there Coffee-Addicted Artist, As an artist, it's easy to get carried away with purchasing the latest and greatest art supplies, but it's important to remember that these expenses can add up quickly. The first step to better budgeting is to track your spending. Write down all of your expenses, including those fancy art supplies and gourmet coffee runs. Seeing where your money is going can help you identify areas where you can cut back. When it comes to your art supplies, try to make do with what you have. Get creative with your materials and find ways to repurpose items you already own. You might even discover some new techniques and styles along the way. If you do need to pu...

Dear Vice Column,  I just graduated from college and started my first job, but I have over $100,000 in student loan debt. I also have a shopping addiction that is making it hard to save money. I love buying designer handbags and have over 20 in my collection.  - Handbag-Obsessed Graduate Dear  Handbag-Obsessed Graduate, Congratulations on starting your first job! I understand how stressful it can be to have a mountain of student loan debt and a love for great looking bags. It's important to tackle your shopping addiction head-on so that you can start paying off your student loans and saving for your future. One suggestion is to create a budget and stick to it. You can use a budgeting app like Mint or Personal Capital to help you track your spending and stay on top of your finances. It's also a good idea to set a goal for paying off your student loans and create a repayment plan. If you have credit card debt, look to put any extra money toward that first since the interest...

Dear Vice Column,  I'm a 32-year-old freelance writer who struggles to stay motivated and productive while working from home. I have a tendency to procrastinate and miss deadlines, and I need to find a way to stay focused. I also have a cat that loves to sit on my keyboard and distract me from work. - Cat-Distracted Writer Dear Cat-Distracted Writer, As a fellow freelance writer who also works from home, I can relate to your struggles with staying motivated and productive. It can be tempting to procrastinate and let distractions like your cat get in the way of your work. One thing I've found helpful is to create a designated workspace that's free from distractions. This can be a separate room or a corner of your home that's solely dedicated to work. If possible, try to keep your cat out of this area so they don't distract you. Another tip is to create a schedule or routine for your workday. Set specific hours for work and stick to them as closely as possible. Du...

Dear Vice Column,  I'm a 28-year-old software developer who can't stop overspending on clothes and beauty products. I have a walk-in closet filled with designer clothing and makeup, but I'm feeling overwhelmed by my finances and need help getting my life back on track. My guilty pleasure is buying limited edition sneakers, and I have over 50 pairs that I've never even worn. - Sneakerhead Developer Dear Sneakerhead Developer, First of all, let me say you're not alone in your struggles with overspending. Many people, especially in their 20s and 30s, find themselves in a similar situation. It's easy to get caught up in the world of material goods, but it's important to remember that those things aren't the key to happiness or success. So, what can you do to get your finances back on track? The first step is to create a budget. Take a hard look at your income and expenses, and figure out where you can cut back. This may mean scaling back on your spending o...