Does it ever feel that your paycheck is already gone before you even get paid? That feeling of waiting another 2 weeks to have some money in your bank account. The never-ending stress when it comes to money. Like a hamster who runs on a hamster wheel but makes no progress...
It is more common than you may think. 78% of people in America live paycheck to paycheck. The good news is that it doesn’t have to be you.
Being aware of your financial situation is the first step towards “financial freedom”. Knowing the monthly income is the most important number you need to know when creating a spending plan. It would be hard to create a budget and not know what the limit is.
It is just as important to give yourself some wiggle room when creating a budget (especially in the beginning). 100% of the time things come up that you do not anticipate. Once you get the hang of it, the next step is to pay off debt and NOT borrow money. Paying off debt while financing other things is the never-ending cycle of living paycheck to paycheck….