How do I start living within my means

Friday, August 23, 2019

Disposable incomes are increasingly under pressure due to low wage growth

Thato* wants to live a more responsible lifestyle with regard to his money.

He has heard this term about “living within your means” and is not sure how to apply the concept to his life. Does this mean he has to be tight-fisted with his money? Thato* is usually a generous man who likes to share what he has.

The idea that he now needs to be mean; stingy to his friends and family, skimp with his own needs and desires is not appealing. Is this what it really means?

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