06/18/15 9:40am
We can't guarantee anyone will quit with you, so take these tips instead.

We can’t guarantee anyone will quit with you, so take these tips instead.

Hate your boss and dream of ditching your corporate job to freelance, consult or start your own business? You’re not alone. One in five millennials plans to quit their day job and take the plunge, according to a survey of Gen Yers. But it’s not as glamorous it sounds. If you think you’ll be spending your days drinking lattes in coffee bars hanging out with the cool freelance crowd, you might be in for a shock. Tossing aside the financial safety net of Corporate America can be truly rewarding, but it can also be seriously scary, like a first time aerialist perched on a pedestal hoping to catch the fly bar.

In your next act, you need to be prepared to deal with an unsteady paycheck even though you have mammoth monthly student loans to cover and ever-rising rent. Oh, and you will be losing tech support and use of the company’s color printer so you may have to spend some big bucks getting set up. More and more of us are becoming professional stuntmen, however, and surviving the high wire act of earning a solo income you can actually survive on in the circus that is Brooklyn can be done if you organize your finances so you don’t get hurt. Here are 5 things you need to know before you quit your 9-5. (more…)

09/05/14 9:11am
Now that's what I call a cash encounter.

Now that’s what I call a cash encounter.

With rents in Brooklyn ridiculously high, student loan debt killing your joie de vivre and dim prospects for a raise, promotion or even a job with benefits, I don’t blame you for not giving a toss about saving for some mythical day far off in the future when you no longer have to work for a living. Pretty much everyone has been writing about how young people today are either unprepared for retirement or are being told there’s a fat chance they might actually get to enjoy any retirement at all, meaning no shuffleboard in Florida or matinee movies are in your future. It’s easy to be cynical about  promise of “retirement.” But even for Gen Y, who consider “saving” on par with the likelihood of finding a  one-bedroom in Brooklyn  under $1,000, retirement should still be a goal and with a little planning it could be doable. So let’s reframe it. (more…)

02/24/14 11:08am
james murphy

This is what you do when you retire before you’re 50. via Facebook

Think about the most irritating trials and tribulations of your subway commute. Is it being crammed in to a car with some dude rubbing his D on you, and you don’t even know if it’s on purpose or not? Or is it the tone the turnstile makes when you swipe your MetroCard? James Murphy has been banking on the latter for 15 years, and now that he’s a crazy old retiree, is devoting his time to getting the MTA to replace the traditional beep of the subway turnstile with music notes. (more…)