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Because of that, saving money has become extremely difficult for many.
In a recentYouTube video, money expert Rachel Cruze discusses ways to save $4,000 quickly.
Now, you might be wondering why she recommends $4,000.
Whats special about this number?
After factoring in taxes, this leaves $4,000 per month in income for the average American worker.
So lets look more intowhat Cruze recommends doing.
Its important to understand how youre spending every dollar each month.
Using a budgeting tool like EveryDollar you’re able to understand where each dollar is going.
As an example, she mentioned streaming services.
By digging into your spending, youll see that youre paying for something you might not need anymore.
There are many things you could do as a side hustle.
You could even do house-sitting, dog-sitting, or babysitting.
Finding a way to make alittle extra cashwill go a long way.
With the money youre saving, confirm you build an emergency fund of a least $1,000.
This is going to help you afford any emergencies that might pop up.
Once thats done, you oughta pay off all your debt, other than your mortgage.
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