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

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African American couple saving money in a piggybank

Source: andresr / Getty

Why: You will be less stressed about your finances

CNBC reported that 30 percent of Americans feel stressed about money constantly. 66 percent of those people reported that they’re overwhelmed because they don’t have enough money set aside for emergencies, such as the loss of a job. When you have money to spare it’s easier to create an emergency savings fund and you’re less likely to stress about your finances.

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