Saving & Spending

Signs you’re spending more money than you can afford

If you want to end up wealthy one day, it’s crucial to keep your spending in check. Many millionaires say the greatest secret to building wealth is living below your means.

How much of your income you should spend versus save or invest depends on the lifestyle you want to live now and in the future, as well as your personal financial goals. Still, there are a few red flags that indicate you’re spending more than you can afford.

Here are seven signs you may be overspending:


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