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Now I know most people think that the reason they live paycheck to paycheck is because they don’t make enough money. The truth is that it’s not true. 💲Patreon Exclusive💲 / tommybryson 😎Call Me😎: https://bit.ly/30IBr0i 😎Second Channel😎: https://bit.ly/3c4sVPS 👨🏽💻Financial Freedom Course👨🏽💻$100 OFF CODE: LONGTERM Link: https://longtermteam.teachable.com/p/... 1. Eliminate excuses it's not your income it’s not your expenses its not the economy its not your luck the problem is you Once that clicks: I want something else to click It’s not only, money in and money out It’s also the way you think and the way you choose to live So here are a few things you want to do don’t wait to make more money The risk: Margin is the edge or the border or something The more margin you have the safer you are and the less margin you have the more risk you have So when you live a financial life where are paycheck to paycheck you have no margin of safety without any money, you can be ruined Here is an example you’re in a car with no seat belt, on the highway going 90 miles an hour and you have knife sticking out of the steaming wheel You have no margin for error If you make one mistake you will be history 2. There are benefits to Saying No spending less than you earn Say no to getting debt 3. You spend too much the average American spends $1500 a month on non essentials Here is a list of non essentials Restaurant meals $209.38 Drinks $188.68 Takeout or delivery $177.88 Buying lunch $173.62 Impulse purchases $108.97 Rideshares $96.11 Personal grooming $94.25 Subscription boxes $93.96 Cable $90.57 Online shopping $84.11 Gym classes or memberships $72.53 Paid apps $23.24 TV or movie streaming services $23.09 Music streaming services $22.41 Coffee $20.25 Bottled water $17.47 Can you imagine if someone just saved that much money for 5 years and invested it In 5 years you would have 120k at a 10 return And if you never invested again after that and left the money to itself for 20 years You would have 813k 4. Be drastic and swift I had the money to payoff my student loan debt and kept thinking about I grabbed the money and invested during Covid And then I had it again and use to buy a hip use And then finally I had the money I paid it off without giving myself room to think you have to make radical decisions that you know make sense immediately sometimes Here are some more examples selling your car Selling your sneaker collections 5. In the end to make sure you don’t live paycheck to paycheck you just need to do one thing Pay attention because I’ll take you on this journey First: The answer is: spend less than you make To spend less than you make you need to track every single dollar you make and every single dollar you spend To track everything you’ll need a budget To have a good budget, you need to your needs and your wants and make no exceptions for things you don’t need Now what you do with the extra money is going to be super important PRO TIP* INFORMATION IS EVERYTHING 💲Patreon Exclusive💲 / tommybryson 👕Merch👕 https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽💻DISCORD PRIVATE GROUP👨🏽💻 / discord My Camera Gear: https://www.amazon.com/shop/tommybryson ✔ Help Us Reach 600,000 Subscribers: https://goo.gl/0wvm6w 😎All My Social Media😎 Link: https://linktr.ee/tommybryson *Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.