How are you living within your means

[Augusta]

One of the ways I know you can manage your finance properly is when you live within your means. So what are the steps you are taking to ensure you don't go overboard with your finance?

 

[freelancermaria]

I live within my means by preparing more meals at home, avoiding unnecessary purchases, budgeting, etc.

 

[Moseschidera]

I only buy what I need and avoid unnecessary purchases. Living paycheck to paycheck helps ensure I don't spend beyond my income. Need to avoid lifestyle inflation at all costs.

 

[King Belieal]

Nowadays, I have cut down unnecessary luxury from my life. I no longer watch cable TV as I have stopped paying the subscription. I don't invite friends over because they might need to eat. I just live a small life.

 

[Stardom22]

I think everyone has their own way of doing that depending on their earnings and the expenses.
Living beyond your means is the practice of making good use of whatever you have without going to the debt for further alterations for the budget.

Post automatically merged: Mar 9, 2024

That's something that l have always anticipated to. I have tried and tried for almost there times and failed.
l have even set that one as my main resolution for the 2024.

 

[magnus2022]

Now, living within our means is not possible in Nigeria again. The Nigeria economy is in disarray and inflation have rose fro 25% to 120% in three months. I don't buy clothes and shoes now. I only concentrate on feeding my family now.

 

[eLdavis]

For me I usually cook most of the things I eat rather than buy it out. Then I tend to focus on just the things I need rather than just my wants.

 

[SilverLance]

I track my expenses, prioritize my spending, and avoid unnecessary purchases. I also save for the future.