LEVEL 1 - POST 3 -Close the Gap
⚖️ The Stability Gap
So now you know your baseline daily/ monthly costs. The next step is to add up your after tax monthly income that is available to you.
Then compare:
👉 Income vs baseline expenses
The result must be one of the following;
- Gap (negative) → needs fixing
- Break-even → needs buffer
- Positive → ready to build
🎯 Your focus:
👉 If behind → reduce expenses or increase income,
👉 If even → create a positive gap or margin to work with,
👉 If ahead → protect it and use it to build.
👇 ACTION STEP: Comment: “WORKING ON IT” if you’re improving your gap. "LOOKING GOOD" if you already have a positive gap or margin to work with.
Remember, Stability is not perfection—it’s progress.
Do not feel frustrated or overwhelmed if you have a negative gap. You are not alone. This is the main reason why credit card debt is so prominent.
This may take a bit of time to overcome but create a plan - pay down debt first - even a little at a time to start, reduce what you really do not need - can you make due with a bit of an older car? Can you find ways to cut housing costs?
I am here to help so if you are feeling stuck or want some help, just reach out.
NEXT STEP: Once you have created a positive margin/ gap/ cash flow, move up the pyramid to level 2 and begin to "Control Your Cash".
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LEVEL 1 - POST 3 -Close the Gap
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