You earn well—but why does it still feel tight?

You’re a high earner but it still feels like you’re just covering your costs.

You feel like your financial goals should be around saving more, buying a home and building long term wealth.

Yet you think about your bills and spending often.

Know you’re not alone.

44% of high earners feel they can’t comfortably meet their monthly obligations.

Why? I break that down in this video.

This weeks One Simple Step gives a way to get around that

Your One Simple Step this week is to

Look at your biggest expenses - property expenses - and figure out how you might be able to reduce these

Here are some ideas:

• Look at geographical location of where you live

• Have housemates

• Look at house sharing sites like SpareRoom

• Negotiate with landlords on rental prices

• Move back in with family (even if it’s temporary it’ll help you save more)

You can spend ages sucking the fun out of your life by cutting every little expense.

But this has much less of an impact then managing your biggest expenses.

That’s why people who own 100% of their homes without a mortgage have a fastrack to retiring - it’s their biggest expense.

Working on reducing this expense to nil over time will play a huge role in you eventually being able to retire

Til next time,

Pernia | Your Finance Travel Buddy