Monday, February 25, 2019

FIX YOUR LIFE AND GET OUT OF DEBT! 💰 Break Out Of The Lower Class

Feb. 25, 2019

Here is the link.

Upper    20%  $100,000
Middle  40%   middle class
Lower   25%   Bottom 14%  Below $19,000
Bottom 14%

How to break out of the lower class?

#2 Budget your money
- collect all bills, statements and receipts
- determine your cash flow (in and out)
- go back a few months if possible
- list all of your expenses

Fixed expenses
Discretionary expenses

#3 Build up a rainy day fund

#4 Invest

- Invest in yourself ( learn more, earn more)
- maintain your standard of living
- put any surplus into assets
- grow pennies from dollars and reinvest

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