The one thing that I love about money and personal finance is that a little bit of legwork on the front end has power to create such long-term success,

having good money habits and consistency.

You'll be making more progress than you ever thought was possible.

Hey you guys, welcome to this episode of the Rachel Crucio podcast I'm so glad that you're here

so in this episode I'll share how to utilize your income to build wealth then we'll talk about what numbers you should be tracking

to build wealth.

But first, let's talk about why wealthy people

are still living paycheck to paycheck.

Take a listen.

So recently, a guy called in on the Ramsey show saying that he was making more than $400,000 a year

and still couldn't save an emergency fund.

Well, this immediately ruffled some feathers because let's be

real the average American makes way less than that and a lot of people were thinking I

mean I would do anything to make that much of money. I mean what is his problem?

What is going on?

Well the simple answer is lifestyle creep and this term is thrown around a lot but

what does it actually mean and what does it actually realistically look like in

someone's life who is struggling to find margin. So today I want to unpack five

specific reasons that wealthy people are living paycheck to paycheck.

Now he definitely is not alone in this,

so let's talk about how someone might get to a place

and how you can find your way back out

...