The Importance Of Living Within Your Means

The Importance Of Living Within Your Means

Featured, Improvement
With the recent government shutdown, a startling statistic has been stated over and over: 77% of Americans live paycheck to paycheck. Living paycheck to paycheck has a ripple effect that causes people to miss out on opportunities and contributes to a negative mindset on money. It also highlights the need to live within one's means. Despite depictions in the media, one thing that rich people (who manage to stay rich) have in common is that they live within their means. Obviously it is easier to live within your means when you have more money, but those who amass wealth tend to live within their means before becoming rich. Limiting debt ad not overspending are key to building wealth. Here are some key ideas to help you along the way. Are…
Read More