Becoming financially stable is hard work- especially if you have low income. It can seem impossible to get ahead when you are struggling to make ends meet each month, and living paycheck to paycheck. To stop the vicious spending cycle, check out this post by Savanah at Midwest Modern Momma. Here are her cornerstones for people who are financially stable:
-Track your expenses- save EVERY receipt for three months, see where your money is really going.
-Create a budget that you can live with
-Start small- focus on one positive habit at a time
-Set up a payment arrangement- tackle one debt aggressively at a time
-Set up automatic transfer to an investment or savings account each month, even if it’s as low as $5 a week.