Spend Less Than You Earn
Everyday expenses continue to rise, what once seemed affordable is now a luxury, wages and income just don’t seem to stretch as far. Get a clear picture of what you earn and what it gets spent on. Assess your incoming funds, expenses, and any debt. In other words, budget! If you want to get out of debt and build wealth, you need to spend less than you earn. When you’ve got the numbers on paper, you can easily see if you’re in the red or in the black.