Live below your means to save money from "summary" of The Total Money Makeover: Classic Edition by Dave Ramsey
Living below your means is a concept that goes against the grain of our culture. In a society where overspending and instant gratification are the norm, the idea of living below your means can seem radical. But it is a crucial step in your journey to financial freedom. When you live below your means, you are intentionally spending less money than you earn. This means cutting back on unnecessary expenses and prioritizing saving and investing for your future. Living below your means requires discipline and sacrifice. It means saying no to impulse purchases and resisting the temptation to keep up with the Joneses. It may involve downsizing your living space, driving a used car, or cutting out luxuries like dining out or expensive vacations. While these changes may be challenging at first, the long-term benefits far outweigh the short-term discomfort. By living below your means, you are able to save m...
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