Do you live within your means?

Question

Do you:
A. Live pay check to pay check
B. Hand to mouth (a little more desperate)
C. Charge things each month you need and then do not pay it off at the end of the month (even more desperate)
D. Charge things you do NOT need each month and not pay off your bills (just plain dumb)
E. Live within your means
F. Live within your means and SAVE money each month

I'm F by the way.

Bentheguru - I also recommend The Millionaire Next Door. Good book. My wife thinks I'm too cheap/frugal. I showed her that is how rich people get rich!

Answer 1

I think you must see a positive side of the picture because if we don't struggle then we don't have any aim to do so therefore try to understand no pain no gain,we must try and try and try don't get conclusion before you done it.Try as hard as you can with good intentions you will get positive result.When we don't like our job it will make pain and some time we had strong feelings that all my life will go same but brother we have to be a fighter not a looser.Its an old saying WINNERS DONT DO DIFFERENT THINGS THEY DO THINGS DIFFERENTLY.

Answer 2

Anyone who is on the Internet has a better life than many people in the world! So I live with-in my means? Damn tooten! I am not in debt. My car is paid for, my rent is about 20% of my income. I don't care abut having the biggest, newest or best! I am satisfied with living where I do, and having food to eat, air conditioning to cool me, and heat to warm me!

We just can't borrow ourselves out of debt! I have a credit card, and charge mostly gas on it. I pay it off every month, just to keep some credit! I owned a house for 21 years, and that did OK for me!

I guess I do live from interest check to interest check! But what a nice life I have! I am here at 11:30 in the morning, not working my butt off, not clocking in! I did work for about 30 years, saving about ½ of what I earned ti be here at 54!

Answer 3

i'm like the government, each and every time I spend extra desirable than I earn, I call for my corporation provide me a advance to cover my spending by using fact i will not be able to in all probability decrease back on the growth of my spending - the little ones could go through! heavily, that's an excellent question - what's residing interior your budget? My Grandad lived in the process the super melancholy and he pronounced in no thank you to owe something to every person by using fact he observed such a lot of folk lose each and every thing that they had. His thought of residing interior your budget replaced into in no way use credit for something. He geared up his very own residence on land he saved to purchase. His father regardless of if, replaced into rich till now the melancholy, misplaced each and every thing and made all of it back after which some afterwards. He began banks, decrease cost expenses and loans, traded commodities and did all of it with credit. all of it went to the 2nd spouse's kinfolk however :-( i think of regardless of if, that a in charge point of debt is residing interior your budget, yet whilst it consumes extra desirable than a third of your income you have long previous too some distance. whilst the government has a conceivable debt, it rather is nice for each guy or woman by using fact it themes bonds that are in many instances sound investments. regardless of if, there comes a tipping factor at which that's unsustainable by using fact the pastime finally consumes the tax receipts without paying concept and at that factor has to the two default or monetize the debt with the aid of paying it back with devalued forex (printing funds). that's what banana republics many times do and what Greece could probable do if it had it rather is very own forex.

Answer 4

F. we actually do save a little every month and we don't charge anything. Just never liked the idea of having to pay money for using money.

Oldly since my parents always seemed to be a combination of B. & C.
That practice just disgusted me.

Answer 5

I am F all the way . And I live good too but then I make a ton of money well not a ton $5,000.00 a week before taxes and etc .

Answer 6

I'm an F too - not by choice, my wife keeps me in line, if it weren't for her - I'd be back to dial up :)

Good read: "The Millionaire next door"....

Answer 7

Unfortunately B.

Answer 8

I would have to say A, not saving much at all at the moment and my paycheck seems to all go to bills. My goal is to make it to F!

Answer 9

What is dumb about being C & D ? If you want it Get it ... why sit and moan about not having it and being Poor .. And save for what ? a rainy day - hell it rains everday in Scotland..

Answer 10

F. OMG I'm getting to level 5.