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Spend
Q: What does "live within my means" really mean?
When you "live within your means" you spend what you earn. Your income equals your expenses. You are able to meet your short-term and long-term obligations and maybe have some frivolous fun as well. You are not creating debt for yourself every month, but you are not getting ahead either. Your goal instead should be to live "below your means." When you live below your means, your income is more than you spend. You are able to meet your obligations, pay for some fun perks, and save some money every month, too. When you live below your means you are on the path to creating your secure financial future.
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