About Patty Lamberti

Patty Lamberti is a freelance writer and Professional-in-Residence at Loyola University Chicago, where she teaches journalism and oversees the graduate program in digital media storytelling. If she doesn't know something about money, you can trust she'll track down the right people to find out. You can learn more about her at And if you have any story ideas, or questions about money etiquette that you'd like her or an expert to answer, email her at

In Debt? No Savings? You May Still Be Able To Buy A House (Not That You Should)

Whenever a study is released about millennials and money, the findings are usually depressing. But one recent study caught my eye because it contained some good news for once. Despite their well-publicized economic challenges, millennials r … [Read more...]

Is An Income Based Repayment Plan The Answer To Your Student Loan Problem?

Tired of devoting so much of your paycheck to student loans every month? For many, big student loan payments are a barrier to achieving other financial goals. For others, they're the root of more serious financial woes; 13.7 percent of borrowers … [Read more...]

Why Millennials Are More Stressed About Money Than Anyone Else, And What To Do About It

Earlier this month, the American Psychology Association released their annual "Stress in America" survey, which examines how anxious Americans are, and how this strain affects their physical and mental health. Most of the 3,068 people polled were … [Read more...]

5 Ways To Trick Yourself Into Saving More And Spending Less

You know that if you do enough abdominal crunches and jumping jacks, your stomach will get stronger and you’ll lose some weight. According to psychology experts, the mind is just another muscle that works the same way. If you exercise the brain, y … [Read more...]

2 New Ways To Save Big Money On Travel

Who doesn't want to travel more often? For me, traveling more was near the top of my list of New Year's resolution. Trouble is, so was saving more money. It can seem like the two goals – saving money and vacationing – aren’t compatible. But i … [Read more...]

Stop! Never Withdraw From Your 401(k) To Pay Creditors

A reader recently wrote us asking, “My husband had a serious medical issue last fall. We owe several different providers $84,000 in total. We have 401(k)s from our jobs (my current one and his old one). Can they legally take our investments? We have n … [Read more...]

Millennials Just Aren’t That Into Starting Families; Is That Such A Bad Thing?

Still flying solo without a spouse and kids dragging you down? So are a lot of people your age who are waiting to start a family. The Pew Internet Research Center has found that millennials are more likely than earlier generations to: Delay … [Read more...]

Don’t Have The ‘Right’ Degree For Your Dream Job (And Dream Salary)? How To Convince Employers You Do

Now that you’re in late 20s or early 30s, you probably have a better idea of the career you really want (and the salary you really need to survive and thrive). It may not be the career you thought you wanted when you were 20 years old and choosing … [Read more...]

The Best Months To Buy Things In 2015

Here’s an easy financial New Year’s resolution to make and keep this year: Find the best months to buy things, especially big-ticket items. You see, even though you’ll find stuff on sale throughout the year, retailers offer the biggest discounts on … [Read more...]

How To Eat Organic Food Without Spending A Lot Of Money

Like many people your age, you probably care about the quality of the food you eat, and where it comes from. According to The Atlantic, a recent study found that millennials expected to spend the greatest amount of money in the coming year on … [Read more...]