Spend Less Than You EarnMr. Free Tools
Yeah, yeah, I know, it sounds obvious, right? Well, it must not be because according to CNBC, 78% of Americans working full-time are living paycheck to paycheck.Here’s the thing: It’s easy to KNOW that you should be spending less than you earn; it’s a lot harder to actually do it.
However, if you want to escape the paycheck-to-paycheck lifestyle that so many others live, you need to spend less than you earn. This is one of the most crucial but basic personal finance tips ever.To do this, you need to track your spending. You can do this by either writing your purchases down or by using a free personal finance app.