May I ask you a serious question? What would happen if you suddenly had no income for a month? I know there are some who would not blink an eye. Most of us, however, would be pretty effected.
I want to highlight a significant problem and a few tips to steer you towards a solution. Will it be easy? No. Everyone would be doing it if it were. According to CNBC, 78% of US workers live paycheck to paycheck.
I am not okay with this. You’re probably not either. How did this happen in the wealthiest nation on earth? What can I do to change this?
Years ago, I found myself at a crossroad and I made years ago to become debt free and stay debt free. It involved discipline. There were times when immediate pleasures were more enticing than my plan to pay off debts and save for the future. This is a road I am still on, but I have seen miracles occur by tenacity, discipline, and perseverance.
People like you and I who chose to break free will do great things in life.
We must understand our country is made up of people like you and I. If we do not want an economy that reflects relying on the next paycheck, but rather a people who have made consistent, wise decisions with our finances, then we need to change as individuals to change our nation.
There are many free resources online for budgeting, videos on how to set up your finances, books like “Total Money Makeover” by Dave Ramsey, and even podcasts dedicated to helping people with their money.