My answer is always the same – have a clearbudgeting routine.
But it’s not as easy as it sounds.
TAX SOFTWARE DEALS OF THE WEEK
Approximately62% of Americansare living paycheck to paycheck.
And that’s a problem.
It’s a struggle I’ve been through, and I know it’s difficult to overcome.
In fact, I’ve had many coaching clients who earn six figures andstilllive this way.
And you don’t have to make six figures to start implementing it.
There are a few reasons.
First, you’re reinforcing the mindset that you don’t have money.
You need a cash-flow cushion.
This isn’t anemergency fund(though that’s important to build up, too).
Instead, this cushion will keep yourchecking accountpadded to provide you peace of mind.
You may also set up automatic transfers from your paycheck, even if it’s a small amount.
Once you’ve built a cash-flow cushion, it’s important to maintain it.
I like to tell people that debt represents your past and investing represents your future.
Starting your cash-flow cushion can start with a few extra dollars in your checking account today.
So what are you waiting for?