Money Minute with Matt: Living Paycheck to Paycheck
63% of people live paycheck to paycheck, even on $100K+.
Lifestyle creep is killing your savings. In under 60 seconds, learn how to fix it with the 3-way raise rule: save some, invest some, upgrade a little.
It's not about restriction, it's about retention.
Transcript
Welcome to the Money Minute with Matt. Your dose of financial clarity in under a minute. Here's a wild one.
63% of Americans live paycheck to paycheck, including 40% of those earning $100,000 a year. This isn't just a low income issue, it's a planning issue. When your lifestyle rises with your income, you never build margin. Here's the fix.
Set a hard stop on lifestyle creep every time you get a raise. Split it three ways. Save some, invest some, and then upgrade something small. It's not about restriction, it's about retention.
Keep more of what you earn. That's your Money Minute with Matt. Budget better and live well.
