Paycheck-to-Paycheck Living

TGIF... Well Almost

In a matter of a couple days you can go from feeling like a poor college student to feeling like a high rolling celebrity. You can go from eating microwavable meals to three course dinners at the hottest restaurant in town. If this is ringing a bell at all, it’s because you’ve felt how awesome it is to be butt broke all week long and then FINALLY get paid! Okay so maybe your situation hasn’t been quite this exaggerated, but we can all admit that paycheck fever strikes hard! The couple days leading up to pay day can lack some serious luster while the weekend after that can be GREAT!
Chances are though the butt broke feeling you had before was because you’ve fallen victim to living some level of a paycheck-to-paycheck life style! While it may be hard to admit, MOST Americans admit they have this problem.
Now you’ll hear a bunch of different theories and steps you can take to put an end to a paycheck-to-paycheck lifestyle, but I’m here to tell you that the most important thing to fix first is your attitude! It all starts with the way you look at your money and your lifestyle. Too many of us fall victim to thinking that they have to live the same lifestyle as celebrities and reality TV stars our age. We want the latest clothes, the coolest car and the sweetest apartments. The problem is, WE CAN’T AFFORD IT!  We are desperately trying to live outside of our means!
I’m not going to be one to tell you not to shoot for your goals, but understanding that you don’t have to live up to those lifestyles is something your should get comfortable with. Even if you have extra money, living frugally and always hunting for deals is a great way to build financial discipline! I guarantee that if you don’t con yourself into thinking you constantly need the latest and greatest gadgets, you’ll find that you won’t hit crisis mode the week before payday.
While there are many way to stop living paycheck-to-paycheck, this is one of the most important first steps! Take control of your finances and don’t let TV con you into spending all your money! Live within your means!
Until next time,