28. Track Exact Earnings To Escape The Middle Class
The first part of setting up a budget is determining how much money you bring in each month. After all, you can’t figure out how much money you have available to do what you enjoy if you do not first know how much money you make.
Look through the past six months of bank statements and calculate the average of how much you bring home each month. Exclude bonuses, because they are not reliable income. That number is the absolute maximum amount that you can spend each month. Sticking to this plan will help your family escape middle-class worries.