It can be shocking to hear that 78 percent of Americans are living paycheck to paycheck. Why are so many people in our country broke? Including many with high incomes? Understanding why you are poor is the first step to breaking the cycle of paycheck to paycheck living. Here are 5 reasons you're poor! You don't budget or track your spending. If you want to save more or spend less, you need to be aware of where your money goes. You might think you know but tracking your spending for a few months can be eye opening. I strongly recommend Mint.com for tracking your spending, it's free and easy to setup. You can link all of your accounts and it will auto-categorize your credit and debit card transactions. It's nifty. You never eat at home. A lot has been written about the "latte factor" and how a daily trip to a certain green goddess impacts your finances but most people seem to still be unaware how much they eat out and the financial impact. We hav
Living a good life on a low budget while we save for our future.