9 Ways to Break Free from Living Paycheck to Paycheck

Advertisement

6) Ask Someone to Help You Stay on Track

This may be a good idea for those who’s extra money or savings burns a hole in their pocket. If you are prone to compulsive shopping or impulse spending, it may be a good idea to enlist a close friend or loved one to keep an eye on your spending. Setting up a buddy system with someone you trust could help curb your spending by sharing with them what you’re buying and see if it’s a good idea. Depending on the level of trust, you can let them know some key elements that can help you stay focused. Outline your weekly or monthly income, your fixed expenses and your daily expenses so they will know if you’re over spending and help get you back on track.

Advertisement
     

Click below to share this article.