What It Truly Means To Live Below Your Means And The Perks Of Doing So

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Happy girl going shopping after taking the money from the ATM

Source: RgStudio / Getty

Why: You can get out of debt faster

When you live below your means, paying off your current debt and leading a debt-free life becomes a more attainable goal. It’s difficult to break free from crippling debt when you’re barely treading water as far as your monthly finances are concerned.

 

 

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