Living below your means means spending less money than you earn. In other words, it means maintaining the financial discipline to keep your expenses under control.
You must prioritize saving if you want to live within your means. Automating your savings is a helpful method.
Living a minimalist lifestyle involves prioritizing experiences above material possessions. Instead of buying new things, invest your time and energy in creating precious memories with your loved ones.
Avoiding debt is among the most crucial components of living within your means. Credit card debt, for example, may quickly mount up and be challenging to pay off.