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The phrase is usually given as "living beyond your means." If someone says you purchased a house that is beyond your means, they are referring to their belief you cannot afford the house--that you cannot meet the mortgage payments. People who dine at fancy restaurants and drive expensive cars and dress in new clothes but have modest salaries and no pensions or other sources of income tend to live "beyond their means."

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Q: What is the meaning of beyond your means?
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