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Living paycheck to paycheck can be a really stressful way to live. When you’re living paycheck to paycheck it feels almost impossible to pay off debt or invest and move towards financial freedom. So how can you stop living paycheck to paycheck so you can start achieving financial stability in your life?
0:00 – Introduction
0:55 – My story: I was living paycheck to paycheck but now I’m not
2:31 – Think of this in terms of cash flow
3:58 – Step #1: Assess Where You’re At (recurring payments, debt repayments, living expenses)
7:20 – Step #2: Reduce Your Expenses/Liabilities
10:50 – Step #3: Grow Your Passive and Earned Income
Recommended Videos:
Paying Off Debt vs Investing – https://www.youtube.com/watch?v=eicozV3mK0k
Minimalism and Money – https://www.youtube.com/watch?v=_JdXsuOhfLo