Ep.99 Live Below Your Means

12/17/24 • 0 min

Living Below Your Means Can Be Liberating

Living below your means is about making intentional choices with your money. It’s not about deprivation but about gaining freedom, peace of mind, and control over your future. Here’s how it helps:

•Save with ease: Create a financial cushion for life’s surprises.

•Escape debt: Spend smartly and avoid getting trapped in unnecessary loans.

•Invest in your future: Use the extra funds to build wealth and opportunities.

•Reduce stress: Fewer financial worries lead to more peace of mind.

•Focus on what matters: Enjoy experiences and meaningful goals over fleeting purchases.

By keeping expenses in check, you’re not giving up—you’re gaining the power to design a life you truly enjoy.

Send us a text

Living Below Your Means Can Be Liberating

•Save with ease: Create a financial cushion for life’s surprises.

•Escape debt: Spend smartly and avoid getting trapped in unnecessary loans.

•Invest in your future: Use the extra funds to build wealth and opportunities.

•Reduce stress: Fewer financial worries lead to more peace of mind.

•Focus on what matters: Enjoy experiences and meaningful goals over fleeting purchases.

By keeping expenses in check, you’re not giving up—you’re gaining the power to design a life you truly enjoy.

Send us a text

Previous Episode

Ep.98 Assets vs. Liabilities

Assets vs. Liabilities: The Money Game

Building wealth isn’t magic—it’s a mindset. The trick? Learn the difference between assets and liabilities!

Assets are your money-makers: They work for you, even when you’re not looking. Think rental properties, investments, businesses, or stocks. These are the things that grow your bank account over time.
Liabilities are your money-takers: They drain your wallet. Car loans, credit card debt, or a house that costs more than it earns—these are the culprits sneaking cash out of your pocket.

Here’s the deal: the more assets you collect and the fewer liabilities you carry, the faster your money works for you. It’s like creating your own financial dream team!

Curious to learn more? Grab a copy of Rich Dad Poor Dad by Robert Kiyosaki. It’s a fun, eye-opening read that’ll totally shift how you think about money!
Want more financial book recommendations? Join our book club!

Send us a text

Next Episode

Ep.100 Travel Like a Pro

Travel Savings Is Back!
This episode is all about saving when you travel while getting more!
Here are some tips:
- Travel Packages: websites like Costco offer packages that include flights, hotels and even car rentals, that costs less than booking them individually.
- Avoid Travel During Peak Periods: the costs of hotels, flights, and everything else rises when it’s the travel season. You can get the same experience with spending!
I love traveling, and this is why I have so many travel tips to share with you guys at Good Morning, Money!

Send us a text