Do you know 60% of Americans would not be able to pay an unexpected $1,000 expense according to a survey by Bankrate.
With the US Government shutdown, we are seeing just how vulnerable people are.
Other research indicates that the situation could be even more dire with 78 percent of American workers saying they’re living pay check to pay check.
That’s according to a 2017 report by employment website CareerBuilder.
How do we let this happen?
I have experienced both sides of the equation where I have been living from paycheck to paycheck and where I have had a nice bank balance.
And I can tell you that’s it very stressful living from paycheck to paycheck.
You have a bill arrive and you just don’t know how you will be able to pay it.
Or you are dreading opening that letterbox knowing that bills will be arriving.
There are also things you have to miss out on in family situations
You have to cut back on holiday spending or gifts for Christmas and birthdays presents, that type of thing.
On the other hand, having a nice bank balance where if an emergency comes up, no worries.
If a bill comes in, no worries, you are able to cover the expenses without any stress at all.
So, if you are one of these people living from paycheck to paycheck I know what it is like, I’ve been there and it is just not fun.
But you’re in luck.
If you are watching right now you are able to do something to change that.
You might need your credit score improved, then after that, you can get funded for opportunities that will increase your income and cover your bills.
So the no. 1 thing you need to do now is cover bills after that you have the feeling of freedom, and you can learn how to better invest your money, how to get into financial literacy courses and improve your overall situation.
But right now you need to take action if you sit here and just watch this video and do nothing you will be in the same boat in a year.
But if you take action now you can really change your life and it is really worth doing. So message me, or fill in the form if you see it.
Name and email address or like I said message me, details will be on the page depending on where you are watching this from.
You can check out my Facebook page here and message me – https://www.facebook.com/robkeating
So, I hope you have a great day.
