70% of Americans live paycheck to paycheck, including 1 in 10 who make six figures. Saprina breaks down what living paycheck to paycheck actually means, why it is not always a budgeting problem, and the exact steps to build your buffer and break the cycle.

You make good money. So why does it still feel like you are one bill away from a crisis?

In this episode, Saprina defines what living paycheck to paycheck really means, and why it is not always about poor budgeting. For a lot of people, it is wages not keeping up with the cost of living. For others, it is a cash flow issue with one thing in common: no safety net.

Saprina breaks down the exact system for getting out of the cycle, starting with knowing your real numbers, telling the difference between fixed and variable expenses, building a spending plan before payday hits, and starting your emergency fund buffer even if you can only start with $100.

What you'll learn:

• The real definition of living paycheck to paycheck, and the simple stress test to know if it applies to you
• Why 1 in 10 people earning over $100,000 a year are still living paycheck to paycheck
• The difference between fixed expenses and variable expenses, and the test to tell them apart
• How to track your spending even if you have never done it before
• How to build a spending plan that gives every dollar a job before payday
• Why you should never try to save a full 6 month emergency fund all at once
• What "the credit card float" is, and the one question that tells you if you're doing it

Key moments:

• What it actually means to live paycheck to paycheck
• The stress test: could you cover your bills if your paycheck stopped today
• Fixed vs variable expenses, and why your nail appointment is not a fixed bill
• How to track your spending when you have no idea where your money goes
• Building your spending plan and giving every dollar a job
• Starting your buffer without needing a full emergency fund on day one
• The credit card float, and how to know if you're doing it

Ready to stop guessing with your money? Book your free Coaching Consultation Call and let's build a system you can trust. https://calendly.com/hermoneyaudit/coaching-consultation