I know someone who recently discovered they were broke. To the shock of everyone around them things were not as they seemed. The abundant lifestyle that was being kept up had not been met with equal income the last couple years. As a result debts stood in the place where savings were expected. The sad thing is this is a situation more common than many want to admit. I don't say that to diminish the seriousness of the issue. If you're in this position, you need to put your house in order. Keep a budget. Any budget is better than no budget. Whether you use cash in envelopes, a spreadsheet, or a fancy app keep a budget and keep yourself fiscally responsible. You open yourself to significant risk and lifelong impacts by spending more than you make. In it's most basic form a budget is simply this. Make sure the money coming to you is more than what you are spending.