Is Your Paycheck Always Gone Immediately After You Get It?

Many people are stuck in the viscous cycle of living paycheck-to-paycheck and never seem to have enough to make ends meet. In fact , according to CareerBuilder "78% of U.S workers are living paycheck-to-paycheck." This makes living situations more difficult to budget and overall creates a stressful lifestyle. While escaping the seemingly never-ending paycheck-to-paycheck cycle may not be the easiest thing, it is possible to get ahead by shifting your mindset into creating new healthy habits for a more secure future.

Everybody  has the power to escape this paycheck-to-paycheck cycle. We all have access to the internet which is where limitless opportunities lie. The truth is, escaping this cycle is not easy and cannot happen overnight. However, once you apply these mindset tips below, it will be possible for you to build a more secure position in your life. 

To escape the paycheck-to-paycheck cycle, you must take full control of your finances by first taking control of yourself. For many people, the inability to manage money is actually the incapability to manage themselves.​​ If you are stuck in a rut or a plateau in your career, the trick is to first create an actionable plan. Take a step back and look at what you can and can not control.

Know that earning more money is in your control. With this mindset shift, you will be able to start to take back your power, and have financial security, once you have management of yourself, you then can manage your money and expand it. When debt takes hold of your financial life, it will rob you of the ability to create a happy, secure, and comfortable future for yourself and your family, and it limits you from achieving the dreams and goals you have. 

When you get control of your life, you are in a better position for yourself, and your family such as being able to own a home or multiple homes, retirement, enough to send your child to college, vacation around the world etc. Whatever it may be, take back your power by squashing your debt, and lack of earnings.

When you allow debt to take control of your life, it will put a lot of unnecessary strain on your finances, and will limit you from:

• Making positive progress if you want to invest in the future
• Building an emergency fund
• Reaching your personal financial goals
• Having a more secure future for yourself and your family

By taking a step back and controlling what you are spending your current income on is the first step to escaping the paycheck-to-paycheck cycle. Doing this puts you in the position to take control of your finances and ultimately improve your life.

Planning Ahead

Planning starts by looking at the dreams you have set for yourself and your family. These dreams represent your values and goals. Every financial move you make should get you a little closer to achieving those goals. This is accomplished by first planning out your ideal future financial situation, and then taking action on what needs to be done to facilitate change.

To put it simply, you have to have a clear understanding of where you are at right now, and where you want to go in the future. Planning can also give you a clear idea about your current financial situation. It can be difficult, especially if you’re struggling with not making enough money now and don’t want to face it. 

However, embracing reality makes you more equipped to make these positive changes. If you are not facing  reality or taking action steps, that may be a big part of the reason why you are still trapped in this cycle.

While there are many types of ways to make money on the side, my personal side hustle recommendation that is the most profitable is through freelancing. As a freelancer you can earn money online and have multiple clients paying you hundreds if not thousands depending on the type of in demand skill you offer. Starting a side hustle will put you in a more powerful position in life with your finances. When unexpected expense comes up, you now have the online cash flow to take care of it as well as the ability to go online and land another paying client.

As a freelancer, your salary is never capped like it is in a corporate job. When you work for yourself, you can earn however much you desire. Being in control of your earnings and working for yourself actually makes freelancing an overall more stable and secure career path as opposed to a typical corporate position.

The days where you have to settle for a set salary and small yearly bonuses are gone. You now have the ability to access abundance online. Once you become a freelancer, you can get paid for the work that you put in. It is a secure position to be in knowing that all your hard work that you do is paid off when you are a freelancer. There is no more limits to being tied to a set paycheck because you create your own earnings, on your own time.

Once you escape the trap of living paycheck-to-paycheck and build multiple flows of online income, the more freedom and security you will be able to create in your life.

Many people who are unhappy with their 9-to-5 jobs are beginning to flock to creating money online by providing freelance services. It makes sense, because freelancing is one of the most exciting and sensible side hustles you can start. With dedication and consistency, it can build a more secure future for yourself and your family and help you escape the paycheck-to-paycheck cycle.

In Conclusion

If you’ve been so focused on making ends meet each month that you haven’t been able to even think about the future, this is your opportunity to take action on creating the life you deserve!

"What you can create will absolutely astound you, but you have to start now."

-Marie Forleo

If you’re worried about just surviving until the next payday, It’s time to start putting your energy into building a better future and not let fear hold you back. The truth is, you if you never start, you'll always be wondering what could have happened if you didn't let fear hold you back.

Escaping the paycheck-to-paycheck cycle and having a more secure future will not happen unless you start paying attention and start taking action to change your situation today!

Ready To Take Your Freelancing Career To The Next Level?