answersLogoWhite

0

When you spend less than you earn, it is commonly referred to as living within your means. This financial practice allows individuals to save money, reduce debt, and build wealth over time. By ensuring that expenses do not exceed income, one can achieve greater financial stability and security.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

Why you need to know about personal accounting software?

"Spend less than you earn


How would you deal with money?

This can be difficult. The main thing is to spend less than you earn.


Will you have financial security and stability?

Me personally? Yes, if I spend less than I earn, and I don't lose my job. Thanks for caring :)


How can you get into debt?

Do what the Federal government does: spend more money than you earn.


How much will 1000 earn at less than 1 percent?

Less than 10


Do you now earn more than or less than you did five years ago?

A lot less.


What is the yearly income of people without a high school diploma?

you usually earn less than what ppl with a high school diploma do. you usually earn less than what ppl with a high school diploma do. you usually earn less than what ppl with a high school diploma do.


How much money does the average Canadian spend in a year?

at the least £100,0000 The Average Canadian makes $43,000 a year, so I assume that they spend less than what they earn because most smart families save 10% of their income in case something happens.


What does within your family mean?

To "live within your means" is to spend no more money than you earn.


If i earn 60 more than you then you must earn 37.5 less than me. true or false?

True. If I earn 60 more than you, we can express your earnings as ( x ) and my earnings as ( x + 60 ). Therefore, the difference between our earnings is ( (x + 60) - x = 60 ), which means you earn 60 less than me. Conversely, if you earn 37.5 less than me, that would imply my earnings would be ( x - 37.5 ), which does not hold true in this scenario. Hence, the statement is false.


How can the soccer world cup local organizing committee control their finances?

Not spend more than they earn.


Do people earn more or less now than they did in the 1930s?

more