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Win Make Give with Ben Kinney

Smart Strategies to Stop Living Paycheck to Paycheck

Win Make Give with Ben Kinney

Ben Kinney Training

Self-improvement, Education

4.91.5K Ratings

🗓️ 20 April 2026

⏱️ 33 minutes

🧾️ Download transcript

Summary

Chad Hyams and Bob Stewart dive into the surprising statistics of wealthier Americans living paycheck to paycheck. Highlighting findings from a recent study, they discuss the reasons behind this financial pattern, including lack of budgeting, impulsive spending, and keeping up with the Joneses. The conversation also covers strategies to break this cycle, such as avoiding high-interest debt and establishing a budget with investment goals. Join Chad and Bob as they explore actionable insights to foster financial stability. Whether you're earning $50,000 or $250,000, this episode offers valuable tips for managing your finances effectively.

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Connect with the hosts:

•    Ben Kinney: https://www.BenKinney.com/

•    Bob Stewart: https://www.linkedin.com/in/activebob

•    Chad Hyams: https://ChadHyams.com/

•    Book one of our co-hosts for your next event: https://WinMakeGive.com/speakers/

 

More ways to connect:

•    Join our Facebook group at www.facebook.com/groups/winmakegive

•     Sign up for our weekly newsletter: https://WinMakeGive.com/sign-up

•     Explore the Win Make Give Podcast Network: https://WinMakeGive.com/

 

Part of the Win Make Give Podcast Network


00:00 High Earners Struggling With Paycheck To Paycheck Living

05:46 The Importance of Budgeting and Financial Awareness

09:18 Strategies to Curb Impulsive Spending Habits

15:25 Living Below Your Means and Avoiding Lifestyle Inflation

22:08 Budgeting for Profit and Investment Using Buckets of Wealth

24:23 Strategies for Managing Debt and Interest Effectively

28:43 Breaking the Cycle of Living Paycheck to Paycheck

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Win Make Give podcast, Season 3, Chad Heim's here, joined again by my friend Bob Stewart. Bob, how are you today?

0:16.2

Chad, I'm pretty excited. You know this. I watched a bunch of beatbox videos last night.

0:21.0

Yes. And if you guys just, this is a total sidebar. We're going to talk about living paycheck to paycheck here in a second. But beatboxers are some of the most talented individuals like in the world. Go watch a beatbox video. DeLo is the guy's name. Unbelievable. My kid is into these things, sorry.

0:35.9

So Google DeLo Beatbox, check it out.

0:39.3

All right.

0:39.8

You're welcome.

0:40.8

All right.

0:41.3

Now, bye. guy's name. Unbelievable. My kid is into these things. Sorry. So Google, Google DeLo, beatbox, check it out. All right. And you're welcome.

0:40.7

All right. Now, Bob, this is the kind of stuff that you text us in our win make give texting

0:45.7

group that we get. Yet you also texted us something the other night that I was like, my jaw dropped when I actually got it from you

0:56.0

and said, is this true? And if it is, we need to do an episode on this. What was it that you found,

1:02.2

I'll read you the headline here. So I use a news app called Smart News. Ben and I use that. You might

1:07.9

use it too, Chad. But it basically, you know, it kind of starts to learn the

1:11.5

type of news that you like and then serves you up similar news. And we're constantly looking at

1:15.8

financial stuff and investment stuff. And so I got served this article up the other day. And the

1:20.1

headline is one of those stop you in your tracks headlines, which I think today all

1:24.0

headlines. That's the purpose of a headline. But the headline was wealthier.

1:28.0

Americans making $250,000 or more are beginning to live paycheck to paycheck. And like that stopped me in

1:37.6

my tracks. I didn't even read the article before I sent it to you guys. I think originally I sent a

1:41.9

screenshot of the article. And then I'm like, they need to read this. And so then I sent you the link. But, um, yeah, we're going to break that one down here, right? I mean, that's, that's unbelievable. And we're not saying it, this might be you, right? You might be out there and you might be saying, I'm making $200 to $250,000 a year. And I feel like I'm living paycheck to paycheck. So, Bob, you're going to share with us some statistics that you pulled from that article, and then we're going to talk about some of the key reasons we believe, and what you can do about it, people are living paycheck to paycheck at any price point. Chad, these are things that I think these are your themes all throughout

2:17.8

when make give, especially inside of the wealth series. And, you know, in some ways, a little promo for the later in season three, we're going to relaunch the wealth series. And it's needed, right? And we can tell in some of these statistics that it's needed. Because sometimes even when we're making a really good living. We are not, you know, we're not out of the rat race, right? We're just continuing each month. We have to come

2:38.5

back to work because we spent all the money we made the month before. So a couple of statistics out of

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