Stop living paycheck to paycheck

Tired of having more month at the end of your money? Stop having that empty wallet feeling two weeks before payday with these 6 easy steps!

Do you find that despite earning 20% more this year than you did last year; you are still living paycheck-to-paycheck? If so, nip the practice in the bud by taking these basic steps.

  1. Budget realistically for savings and leisure spending.
  2. Gradually make changes. Sudden, drastic cutting down make the new budget plan difficult to stick to.
  3. Practice the 10% rule: calculate how much money you have left minus bills, necessities and savings and then spend 10% less than your means.
  4. Treat yourself in other ways that don’t involve high spending.
  5. Automate your savings to enforce the discipline.
  6. Consider a fat bank account your ‘reward’ for the hard work you’ve done.
  7. Change your relationship with money: just because you have it, doesn’t mean you should spend it.

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