Four ways to stop living paycheque to paycheque

Did you know that over 1 million Americans file for personal bankruptcy every year? I was once very close myself. I didn’t crash and burn, but escaped my financial nosedive. The average household has over ten credit cards. People are living above their means. We are drowning in debt, and the problem is getting worse. Many people are foreclosing on their homes and will have to live on the streets. The root cause of it all? Debt.

When did you receive your last paycheque? How long did it take for you spend the money you earned? Many people spend their entire paycheque the same day or within a week after receiving it. We want to live the dream of having a nice house, a nice yard and a nice car. What “nice” means is subjective. While most Americans can’t afford their own American dream, they are still trying to live it.

Sounds familiar? Are you living paycheque to paycheque yourself? Here are five ways to improve your financial situation:

1. Direct deposit. If you do not have direct deposit s…