Getting out of debt, building a savings account to tap into if you suddenly need more money, and investing can improve your life. They say that money can’t buy happiness, but people who don’t have to worry about money are happier. People who are getting richer every year are happier than those getting farther into debt.
Saving can be difficult because your spending increases when you make more money. Getting a raise or a better job won’t necessarily save you from living paycheck to paycheck. Some people go into debt for a big purchase after getting a raise and end up worse off than they were.…Continue reading