From the course: Budgeting in Real Life
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What if income is the problem?
- If you've already done all that you can do to reduce expenses and your budget is still upside down. The reality might be that there just isn't enough income coming in, it might feel really daunting or overwhelming to realize that. But now that what the problem really is, you can stop beating yourself up about your spending, and focus on ways to bring in more income. I want to walk you through some ways to increase your income. First, consider whether there are opportunities for you to grow your skill set and educate yourself to be prepared for the next step in your career. Take a step back and think about the career and income trajectory that you're on. Are there options along the way, that enable you to make the amount of money that you need to? Now that what your budget needs, you can figure out how much money you need to make. A good rule of thumb is to add up all of your expenses for the month, and…
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