Augusta
VIP Contributor
Getting salary today and finishing it before the next salary shows you would always be broke if you don’t take charge of your financial life. The thing is that these monies don’t just leak out from your pocket, you have been doing the spending yourself. It can really be bad for you if you do not stay on top of your bills. You need to know that bills would always accumulate as long as you allow that. If you are in this rot, you are not alone the best bet is to get off it. You don’t have to allow yourself get stuck in this cycle. The only way out is to work towards having a hold of your financial life to fight this problem.
Below are the right steps you can take to fight this:
First start by getting a budget, budgeting helps you channel your money properly and you wouldn’t have to go beyond your budget for the month.
Always be about the needs you can’t do without, go for your food, utilities, shelter and transportation first. Every other thing can wait still when you have extra money unless it is an urgent need.
Kill the urge of wanting to borrow, live within your budget what you cannot afford now wait still you get extra money for it
Augment your income with a side hustle, so that you would have extra money to help with other expenses
Have a financial plan and stick to it, don’t just wake up to go for a purchase that you didn’t plan for.
How do you live by your paycheck?
Below are the right steps you can take to fight this:
First start by getting a budget, budgeting helps you channel your money properly and you wouldn’t have to go beyond your budget for the month.
Always be about the needs you can’t do without, go for your food, utilities, shelter and transportation first. Every other thing can wait still when you have extra money unless it is an urgent need.
Kill the urge of wanting to borrow, live within your budget what you cannot afford now wait still you get extra money for it
Augment your income with a side hustle, so that you would have extra money to help with other expenses
Have a financial plan and stick to it, don’t just wake up to go for a purchase that you didn’t plan for.
How do you live by your paycheck?