How to stop living from pay check to pay check?

cortie · Apprentice Joined: 16 Nov 2005 Posts: 2

Hello there people. My name is Richard and I would appreciate if you could tell me some advice about personal finances. The thing is that I am always in some debts which I’m struggling to pay back. I would like to ask you: how to stop living from pay check to pay check? Thank you for your posts.

rodger · Apprentice Joined: 28 Aug 2008 Posts: 5

Hi there Richard. I think that majority of people ask this question many, many times. And I don’t think that there is the right answer to that question. However, I can tell you something about your situation. Since you have debts, like you said, I doubt that you can invest your money somewhere. The first step that you should make is to try to get rid of your debts as much as possible. There are several ways to do that. You can try balance transfers if you have debts on credit card, or you can try to consolidate. Anyway, I would suggest you to talk to some financial advisers. There are even agencies which provide this advice for free and they can be of great help. That would be all from me. Bye!