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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

😩 Tools to overcome financial insecurity & anxiety

Published 2 months ago • 1 min read

Good day to you Reader,

There was a famous 2010 Princeton study that reported your happiness goes up with income up to around $75,000 a year. It's because at that point, your basic needs are covered and the stress of survival starts to wane.

A follow up study in 2023 by the University of Pennsylvania found that happiness increases linearly with income up to $500,000.

But happiness is not the same as peace. I wonder at what salary or net worth does feelings of insecurity and anxiety go away? I know people with millions who still feel anxious about money.

​(View this email as a webpage)​

😩 Tools to overcome financial insecurity & anxiety

It sounds ridiculous but there are many people who have millions of dollars but still feel financially insecure. They feel anxious about the future.

The weird reality is that financial insecurity and anxiety is not solved with more money.

Fortunately, it can be managed with some tools:

​👉 6 Tools to Overcome Financial Insecurity & Anxiety​

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✈️ Do you think TSA PreCheck is worth it?

TSA recently said that you no longer have to take your shoes off at the airport, thus making PreCheck a little less useful. There's still the minor benefit of not needing to take off light jackets, belts, and take out liquids... but is it still worth it?

​👉 Is TSA PreCheck Still Worth It?​

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🤔 Tax changes in the OBBBA

The One Big Beautiful Bill Act was signed into law and The Tax Adviser has a good recap of all the tax changes:

​👉 Tax provisions in the One Big Beautiful Bill Act​

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What did you think of today's email?​
✅ I Loved It! 🟨 It Was Okay ❌ Not My Favorite​

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Talk to you soon!

Jim

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PS. Thinking about a Costco membership? Groupon has an offer of a $20 Costco Shop card for Gold Star memberships and $40 for an Executive membership. A pretty good sign up bonus for Costco.

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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

💵 Founder of WalletHacks.com

I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.

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