These Questions Separate the Rich From the Poor According to Dave Ramsey

People share 15 real ways they escaped living paycheck to paycheck

Living paycheck to paycheck is becoming the norm in the United States. According to the United States Interagency Council on Homelessness, more than half of Americans live paycheck to paycheck. It is a financial reality that has many looking for financial solutions and frugal living habits to get ahead.On Reddit, member @_DontStayTheSame_ posed the question: "How in the hell do you escape living paycheck to paycheck?"People who have figured out …

These Questions Separate the Rich from the Poor According to Dave Ramsey

Debt has long been part of the American lifestyle. Many of us succumb to loans and credit cards when faced with financial predicaments, and these balances can be carried for months or years, continuing to grow under high interest rates. Dave Ramsey is one of the top financial gurus, and he has made a name for himself specifically regarding his hardcore advice regarding debt. Ramsey says a key method of avoiding debt is to stop asking “how much d…

Paying Off Debt on a Budget

Getting Started: Understanding Your Debt When you are buried in debt and living on a tight budget, it can feel like there is no way out. The balances seem huge, the interest keeps piling up, and making even the minimum payments feels like a struggle. But paying off debt on a budget is absolutely possible. The first step is to get a clear understanding of exactly what you owe. Start by listing every debt you have. Include the total balance, inter…