7 Lessons You Learn While Living Paycheck to Paycheck ...


Living paycheck to paycheck can be scary and frustrating, but it can also teach many lessons. When you're living paycheck to paycheck, there's just enough in your budget to cover essentials, such as food, housing, utilities, etc. And while it's not the best situation to be in, you're probably thankful for what you have. Here are seven lessons you learn while living paycheck to paycheck.

1. Credit Cards Make a Situation Worse

If you're living paycheck to paycheck, you may not have extra money for vacations, dining out and shopping. And if you have a credit card, you might be tempted to use plastic to enjoy life. But if you're living paycheck to paycheck, you can't afford extra monthly expenses. And ringing up a credit card creates another monthly bill, which can complicate your personal finances.

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