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How To Stop Living Paycheck to Paycheck
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Living below your means is to spend less than you make each month. In other words, if you’re not in credit card debt and not waiting for the next paycheck so you can afford to pay your bills, you are living within your means.
Lifestyle creep, also known as Lifestyle inflation, increases one’s spending resulting from an increase in income. In many cases, expected to keep up with appearances as items once considered luxuries become necessities.