Avoid living above your means from "summary" of Rich Dad Poor Dad Summary (by Robert T. Kiyosaki) by Robert T. Kiyosaki
Living above your means is a common trap that many people fall into. It happens when you spend more money than you actually earn. This can lead to financial stress and even ruin in the long run. The key is to live below your means, which means spending less than you earn. This may require making sacrifices and cutting back on expenses, but it is essential for building wealth. By living below your means, you are able to save money and invest in assets that will generate passive income. This passive income can then be used to cover your expenses and eventually allow you to achieve financial freedom. It is a simple concept, but one that is often overlooked in today's consumer-driven so...
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