6. Broke people spend money as soon as they get it
We all have that work buddy who rushes to the store the minute he/she gets paid. It’s a fact: most broke people spend the majority of the money as soon as they get it. This happens because they live from paycheck to paycheck, sometimes even borrowing money.
However, if you can teach yourself to save more money each paycheck and manage your additional spending, you will be in a much better position financially. The secret to doing this is your budget and controlling your spending.