Studies have proven time and time again that a majority of Americans live from one paycheck to the next. This means that only one missing paycheck could lead to serious financial stress. Living from paycheck to paycheck means that budgeting is a must. John J. Bowman, Jr. offers advice on making and sticking to that budget.

1. John J. Bowman, Jr.
Accountant
How to Budget
When You Live
Paycheck to
Paycheck

2. Studies have proven time and time again
that a majority of Americans live from
Paycheck To Paycheck
If this sounds like you, follow these tips.

3. List
Fixed
Expenses
Housing
Transportation
Rent
Mortgage
Utilities
Car Payments
Gas/Repairs
Public Transportation Fees
Other Necessities
Food
Insurance
Loan/Debt Payments

4. Compare
Expenses
To Income Zero-Based BudgetTry a
Every dollar has a duty
Necessities
Savings
Other expenses
Plan your finances down to
the last penny to avoid
wastefulness

5. Use budgeting software or a
physical spending book to
track where every dollar
goes, and analyze your
spending each month to find
areas for improvement.
Track
Expenses

6. See if there are ways to
reduce all types of spending.
Cut
Discretionary
Expenses
Turn down thermostat
Make your own meals and coffee
Purchase store-brand
Rent movies and books from the
library in lieu of streaming
services or cable

7. Make
More
Money
Sell unused and unwanted items
Take on overtime or a second job
Turn your hobby into a side-hustle
Add another income stream!

8. Want to learn more about personal finance?
JBowmanAccountant.info
Visit