Simply Savvy Mama
Are you living from paycheck to paycheck? Do you spend your entire paycheck down to the penny right before your next paycheck comes in?
Are you ready to break the cycle? Let’s tackle this issue together and break the paycheck to paycheck cycle for good. It’s time to learn how to stop living paycheck to paycheck once and for all.
A job loss or other emergencies can wipe out savings in a hurry. If your savings are wiped out, living from paycheck to paycheck becomes the norm.
Make a Budget.
The first step in no longer living paycheck to paycheck is to actually figure out where your money is going, and what it’s doing for you.
Reduce your spending OR increase your income.
If you don’t make enough money, getting a side hustle or finding a way to increase your income is needed.
Increase Your Savings Contribution.
Slowly increase your savings amount over time, and you’ll slowly start putting money away toward your savings goals.