*OFFICIAL* Ask Me Anything About Living Paycheck to Paycheck!
Hello everyone!
I noticed lot of members here have a great amount of knowledge about making proper savings plans, when to contribute to TFSA as opposed to RRSP's, etc. Although that is one train of thought on personal finance, it is by no means the only one, and I feel like I could share a lot of my knowledge on how to live paycheck to paycheck. You may not think I have the credentials to be giving people advice on how to remain financially neutral, but I would like to inform you that not only do I have over 13 years of living paycheck-to-paycheck (or P-2-P as we refer to it in the biz), I am also a 2nd generation P-2-P'er.
Common questions you might have:
- I will be making more money every year; will I still be able to live paycheck-to-paycheck? (Spoiler alert: You bet!)
-What are some common impulse purchases I can make to ensure that next month is just as difficult as the last one? (When in doubt, eat out!)
-How can I reduce my spouse's interest in our finances to the level that is needed to maintain paycheck-to-paycheck? (If you make your finances as confusing as possible by utilizing multiple accounts and transfer money constantly between them, your spouse will be just as tired of dealing with it as you are within months)
So please, feel free to ask your questions here and I will respond as best and quickly as I can.
I noticed lot of members here have a great amount of knowledge about making proper savings plans, when to contribute to TFSA as opposed to RRSP's, etc. Although that is one train of thought on personal finance, it is by no means the only one, and I feel like I could share a lot of my knowledge on how to live paycheck to paycheck. You may not think I have the credentials to be giving people advice on how to remain financially neutral, but I would like to inform you that not only do I have over 13 years of living paycheck-to-paycheck (or P-2-P as we refer to it in the biz), I am also a 2nd generation P-2-P'er.
Common questions you might have:
- I will be making more money every year; will I still be able to live paycheck-to-paycheck? (Spoiler alert: You bet!)
-What are some common impulse purchases I can make to ensure that next month is just as difficult as the last one? (When in doubt, eat out!)
-How can I reduce my spouse's interest in our finances to the level that is needed to maintain paycheck-to-paycheck? (If you make your finances as confusing as possible by utilizing multiple accounts and transfer money constantly between them, your spouse will be just as tired of dealing with it as you are within months)
So please, feel free to ask your questions here and I will respond as best and quickly as I can.