Saving Money How To Start Living Below Your Means?

Yusra3

Banned
Living below your means is a great way to save money. It's also a great way to feel more empowered in your life and in the world around you.

Living below your means is not just about saving money. it's about living a life that you're proud of and that helps make the world better.

Here are some tips on how to start living below your means:

1. Start with small changes in your routine. When you first start saving money, it can be hard to think about making big changes. But small changes will help you break down any barriers that might prevent you from getting where you want to go with your savings.

2. Set up a budget and stick with it! A budget will help keep you on track so that your savings goals are met without feeling overwhelmed or overwhelmed by debt.

3. Keep an eye out for opportunities where they exist and take advantage of them when they do! There's no reason why something like using coupons (or even earning rewards points) shouldn't be part of what makes your life easier as well as cheaper.
 

Sotherefore

VIP Contributor
Well , it won't be an easy thing most especially for people who have been spending money lavishly , but at the same time you know the reason why you want to be living below your means , probably you are trying to save money for something more important or maybe you are just trying to avoid distraction in your life , whatever the case maybe if you are really serious to achieve all these then you must be determined within yourself to do so without which it may not be possible except through a powerful miracle of God for those that believes in religion and supernatural power.

And one thing is that if you are interested to live below your means you also needs to have it at the back of your mind that so many things will not come your way as it was in the past . You will avoid so many things
 

moonchild

VIP Contributor
Living below your means is the way to go if you are planning on increasing your means of income, for example if you are trying to start a business, keeping your burn rate low is very important because you will be able to focus on running your business without any distraction, but I don't subscribe to living below your means as an end itself because you will miss a lot of things in life.

I see people trying to penny pinch their way into wealth, it is a fool's errand and will never materialize, because wealth itself means abundance and how can you have wealth when you rather walk than to spend money on a taxi that will get you there faster.

I prefer to build a business that brings in a lot of income so that living below my means will also be the same as being affluent, live below your means if you are on a mission but do not make it an end itself.
 
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