If there is one statement that we hear from our readers more than any other, it’s variations of, “I’m tired of living paycheck-to-paycheck.”
This problem is without a doubt the single most common concern that we come across here at CreditRevelation. It was also the subject of an email that we received from one of our visitors:
My name is Robert Divine. I’m 28 years old, and have been living paycheck-to-paycheck for my entire adult life. I don’t have a savings account or money socked away because it all goes toward my monthly bills. Recently there’s been gossip going around at work about potential lay-offs. If I got fired today, I would have enough money to get by for a few weeks at most. I’m not gonna lie, the thought of losing my job keeps me awake most nights.
I want to save up money just in case, but my bills take every penny I’ve got, every single month. Isn’t there a better way to live?
Thanks for your help and advice,
This email hit home with us in more ways than one. Not only have many of us been in the same predicament that Robert is currently in, but we receive a ton of emails just like this one every single day.
We also wanted to address this ominous topic because it is one that nobody likes to think about, until a life-altering event like a medical emergency or a layoff puts a family at risk of losing everything.
So when it comes to living paycheck to paycheck, is there a better way? Of course there is, and it may not be as far out of reach as you think.