5 Ways to Stop Living Paycheck to Paycheck

 

Date:   Sep 26, 2018


According to a 2015 Nielsen study, 25 percent of Americans earning over $150,000 are living paycheck to paycheck. That number increases to roughly one-third for households earning $50,000 to $100,000 and then to half for those making $49,999 and less. To put that into perspective, the average income in America is about $59,000. That means that people who are earning more than double the average income still feel like they are living paycheck to paycheck.

There are a lot of complicated reasons for this. In this article, I will give advice on how you can avoid lifestyle creep in your own life.

To view the full article, visit https://www.forbes.com/sites/maggiegermano/2018/08/29/how-to-avoid-unnecessary-income-creep/#24648c7742df


According to a 2015 Nielsen study, 25 percent of Americans earning over $150,000 are living paycheck to paycheck. That number increases to roughly one-third for households earning $50,000 to $100,000 and then to half for those making $49,999 and less. To put that into perspective, the average income in America is about $59,000. That means that people who are earning more than double the average income still feel like they are living paycheck to paycheck.

There are a lot of complicated reasons for this. In this article, I will give advice on how you can avoid lifestyle creep in your own life.

To view the full article, visit https://www.forbes.com/sites/maggiegermano/2018/08/29/how-to-avoid-unnecessary-income-creep/#24648c7742df