Paycheck to paycheck living is okay?

Here’s A.B.S.O.L.U.T.E.L.Y why not!

Image Credit: Unsplash

Millennials and baby boomers have been living paycheck to paycheck forever. But the later millennials are the ones in the news now for being broke.

More people are living paycheck to paycheck, and even more, are living in debt.

How do you know if you are too? You do not:

  1. Have an emergency fund
  2. Have savings for the future expenses
  3. Think TWICE before spending a huge amount on something off the internet
  4. Believe in drinking coffee at home, but from Starbucks, let’s go!

There are so many more reasons that you yourself could think of when you’d sit down at your coffee table (ironic, isn’t it?) and chart down your expenditure.

Now, you need to calculate the number of times you have tried not crying down because you got no money.

The direct result of living so is — A.B.S.O.L.U.T.E.L.Y

Anxiety, Bankruptcy (due to job loss), Stress, Omission of health, Lack of finance for the future, Utility of existing money(too much), Taking money from others, Emotional breakdowns, Lifestyle burnouts, and Yet another week of waiting for money.

This living style always keeps you stressing about your lifestyle. Think of the anxiety you’d be experiencing if your salary gets delayed by a day. If you got debt, then think about the amount you’d have to spend from your salary on the repayment.

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Author: Rajani Rajagopal