Live Below Your Means Is Bad Advice; Here Is What To Do Instead

<p>We all have heard about that phrase at some point in our lives.</p> <p>Living below your means is one of the most common advice you read when you start learning personal finance.</p> <p>This financial philosophy suggests that you should spend less than you earn and avoid excessive or unnecessary expenses. It encourages individuals to adopt a sustainable lifestyle based on their income, prioritizing their savings over anything so they can have financial stability.</p> <p>On paper, this sounds good. It will help you to save over everything, and those sacrifices will get you far in the long run.</p> <p><a href="https://medium.datadriveninvestor.com/live-below-your-means-is-bad-advice-here-is-what-to-do-instead-5c3fc53a66a2"><strong>Visit Now</strong></a></p>
Tags: Bad advice