1610: The 10 Reasons Why You’re Living Paycheck To Paycheck by Christina Browning of Our Rich Journey

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🗓️ 6 August 2021

⏱️ 11 minutes

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Summary

Christina Browning of Our Rich Journey informs you of 10 reasons why you're living paycheck to paycheck Episode 1610: The 10 Reasons Why You’re Living Paycheck To Paycheck by Christina Browning of Our Rich Journey Amon and Christina are former federal government employees that focused on saving, making, and investing money so that they could grow enough wealth in their investments to never have to work again. And, guess what? They did it! At the age of 39, they reached financial independence, quit their jobs, and retired! If you’re interested in learning how to save, make and invest money on the road to financial independence and retiring early (i.e., FIRE) - their site is for you! Subscribe to their YouTube channel for more how-to videos on how to make, save, and invest more money in the pursuit of financial independence. The original post is located here: https://www.ourrichjourney.com/blog/the-10-reasons-why-youre-living-paycheck-to-paycheck Gusto offers modern, easy payroll and benefits to small businesses across the country. Get in touch now and get three months free when you run your first payroll. Just go to gusto.com/ofd. Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	This is Optimal Finance Daily episode 1610, the 10 reasons why you're living paycheck to paycheck
0:06.4	by Christina Browning of RRichJourney.com. And I'm your host and personal finance enthusiast,
0:12.7	Diana Mariam. This is the show where I narrate posts from a wide variety of personal finance
0:18.4	blogs. We cover so much on the show from saving to investing to debt reduction and more.
0:24.6	This show is actually one of six shows in our network, covering different topics like personal
0:29.0	development, health, and relationships. So if you like narration style podcasts,
0:34.1	be sure to search for Optimal Living Daily wherever you're hearing this and check out our other
0:38.5	shows. Today, I'm featuring another new author for you. I'll tell you about Christina after the
0:43.9	article. So for now, let's get right to it and start optimizing your life.
0:52.7	The 10 reasons why you're living paycheck to paycheck by Christina Browning of RRichJourney.com.
0:59.8	Aman and I once read a statistic that shocked the both of us. In America, roughly one in four
1:06.6	families that earn over $150,000 a year are living paycheck to paycheck. You might be thinking,
1:14.4	how is that possible? We asked ourselves the same thing. $150,000 should be more than enough for
1:20.6	a family to live on per year. But you might also be one of those families. And you might be
1:25.7	wondering why you're in such a confounding situation. Well, today, I'm going to tell you why many of
1:31.6	those people are living paycheck to paycheck. And hopefully, you give yourself something to think
1:36.0	about if you're in the situation yourself. Number one, you don't know where your money's going.
1:42.2	It's kind of common for people who earn a lot of money to not pay attention to how they're spending
1:47.1	it. This is a pretty basic one and can easily be solved by making a budget and tracking your expenses.
1:53.7	Number two, keeping up with the Joneses. If you don't know this saying,
1:58.1	it all comes down to one thing, class. People want to show the world that they belong to a certain class
2:04.4	and doing that involves spending their money on expensive materialistic things. Whether it's a car,
	...

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