News From The Alternate Universe of the Delusional

duh_can’s LaToya Irby needs a serious reality check concerning her recent article, “How To Stop Living Paycheck To Paycheck” .

She talks about how living paycheck to paycheck is bad and places you at risk for getting into debt, as if this is suddenly a new revelation and if people would start paying attention, well, things would get better for them.  She  then comes up with some nonsensical solutions and platitudes that help no one and do not resonate during these times of high unemployment, cut hours, and high living expenses.


Not all of the advice she gives is bad. Making a budget is always a good idea, even if you don’t have much to budget with. At least this will help you to make the necessary payment arrangements with your utility providers.

Now her next points are where she completely goes off the deep-end into LALA land. “Cut expenses”  She mentions cutting out your $5 morning latte and getting rid of cable because you can’t afford it.  I don’t believe that your average person who is either unemployed or struggling to hang on to the two or three jobs he has, even has room in his budget for that $5 latte or a cable bill. No, all of his money is going to essential things like food, shelter, and keeping utilities like the lights on. The laws in his state make it so that he has to buy auto insurance, so a good chunk of his money goes there, and if he’s lucky, he is able to squeeze payments for health insurance for him and his family out of his already bursting budget.  Elizabeth Warren provides a much better picture of why so many Americans are living paycheck to paycheck here.

If you read Elizabeth Warren’s article, you will see, laid out in facts and graphs, just where the average American family’s money is going. Regardless of how far into the middle class they are (and increasingly people are dropping out of the middle class,) they’re being squeezed by the high cost of living into the living paycheck to paycheck cycle. Their largest expenses are healthcare, education, and mortgage, not a third car, not lattes, not huge homes, none of these things that self-righteous types like this LaToya Irby seem to believe.

Newsflash, LaToya, most Americans’ budgets have no more room left to give…unless you want to suggest that families cut down how much they eat to one bowl of gruel a week.

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10 Responses to “News From The Alternate Universe of the Delusional”

  1. payday loans says:

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  2. LaToya Irby says:

    Thanks for reading. 🙂 This is my favorite part: “…self-righteous types like this LaToya Irby…” I love it!

    On a more serious note, I wrote that article based on what I see people doing in real life. You’d be surprised at how many people, even after getting their hours cut or losing their job, are still trying to maintain an unsustainable lifestyle, buying things that don’t make sense. I see people who can’t afford their rent go out and get a new tattoo or refuse to take a second job. I frequently come across people who blow money on stupid things and wonder why they are broke six days before their paycheck.

    Feel free to email me and we can talk more about how you think Americans can really stop living paycheck to paycheck.

  3. Kathy McGraw says:

    LaToya, thank you for taking the time to read my blog and leave a comment. I enjoy your credit blog and its in my Google Reader account. 🙂

    I do appreciate that there are people who do make poor decisions with their finances. I know that I have done that in the past myself.

    However, if you read what Elizabeth Warren has to say about what most families spend their money on, it isn’t frivolous items. It is merely an attempt to live, and that’s where my article was coming from.

    Once again, thank you for taking the time to read my blog and comment.

  4. […] comment left on this entry by’s LaToya Irby got me to thinking about people in financial trouble and how […]

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