Photo courtesy emdot
Many people’s financial situation reminds me of a song by Creed – One Last Breath. “I’m 6 feet from the edge and I’m thinkin’, maybe 6 feet ain’t so far down.” In fact, it reminds me of my own financial situation just 6 years ago.
According to the latest news, over 70 percent of those surveyed said they were living from paycheck to paycheck. What that means is that they’re just barely covering the bills that are due when their paycheck arrives. They’re not building up any savings. They’re not looking to the future. They are one paycheck from disaster. What would they do if that paycheck didn’t arrive? They’re standing at the edge of the cliff just hoping that next gust of wind doesn’t hit.
That is no way to live your life. There is no peace in that. There is no security in that. You need to step back and create a plan. As you work that plan, you will move further and further back from that cliff. Get on a budget. Start planning for future expenses. Get rid of that debt that is slowly eating away at your future and your security. That’s what my wife and I did, and we’ve never looked back. Cliffs bring no fear when you’re soaring!
Are you ready to soar or do you think you can keep up that balancing act forever?