On this episode of the Personal Finance Podcast,

we're going to talk about how to stop living paycheck to paycheck. What's up everybody and welcome to the personal finance podcast? I'm your host

and founder of Dollar After Dollar.com And today on the personal finance podcast, we're going to talk about

how to stop living paycheck to paycheck. And if you have any questions about this episode, follow me on Instagram at dollar A F T R dollar

and follow us on Spotify, Apple Podcasts or whatever podcast player you love listening to this podcast too.

And please if you want to help out the show, leave a five star rating and review on Apple

Podcasts.

Now today we have an extremely important topic to discuss because the majority of folks

out there are living paycheck to paycheck. And the amazing thing about this is that higher

income just does not equal a higher net worth.

We've talked about this a number of times.

If you listen to the last episode,

where we talked about the difference between being rich

and being wealthy, this shows you exactly why.

Because people who are rich end up spending the majority of their money on things like liabilities.

But people who are wealthy try to increase their wealth by buying more assets.

And that's why this is happening.

But understand this. It doesn't matter how much money you make.

If you don't understand how to manage your money, then you're never going to build wealth.

How you spend your money when you're broke is also how you're going to start spending your

money when you get rich.

So do you want to be rich or do you want to be wealthy? So even if you're not making a lot of money, you have to learn how to start managing money now.

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