ADVERTISEMENT

5 signs you are living beyond your means

Here are 5 signs you living beyond your means

Many people are living beyond their means due to what they see online these days. Guys popping bottles at the club and driving latest cars, while the ladies are putting on the latest designers.

The constant show of wealth lets a lot of people want to keep up with the trend and also belong.

But if you can’t afford such lifestyle it means you are living beyond your means.

ADVERTISEMENT

1. You have nothing to save every month

If you have nothing to save each month, then you should check your lifestyle. It is probably you are living beyond your means, which is not making you to save anything every month.

No matter how much you make, you should set aside some money to put into your saving each month.

2. Buying things you cannot afford

If you keep buying things you cannot afford and such items keep affecting your finances negatively then it means you are living beyond your means.

ADVERTISEMENT

You need to make a stern decision to stop spending on things you cannot afford. You find out that if you keep spending on things you cannot afford, you might always end up in debt.

3. You don’t set monthly budgets

If you don’t have a budget, you might end up living beyond your budget because you have no spending plan which makes you spend unnecessarily on things you cannot afford.

ADVERTISEMENT

Not only must you have a budget, you should also make sure you set a realistic budget that tallies with your income.

4. You pay your bills late

If you always pay your bills late and you keep missing the deadline to pay your bills, then it is likely you are living beyond your means.

You might not remember to pay bills. That’s fine, we are all humans we forget things but if you are aware of it and still refuse to pay then it’s likely you are not doing the needful.

Create a savings meant for your regular bills payment so you don’t have to stress when payment is due.

ADVERTISEMENT

5. You cannot afford the essentials

If you find it hard to afford the basic essentials, like food and toiletries, then it is a clear case of money mismanagement and inappropriate use of money.

Your essentials should come first before any other thing.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Ask Pulse: Should my coworkers hate me this much because I got a promotion?

Ask Pulse: Should my coworkers hate me this much because I got a promotion?

How long do cats live? British scientists have figured it out

How long do cats live? British scientists have figured it out

Do you need to wash your clothes inside out? It's a bit complicated

Do you need to wash your clothes inside out? It's a bit complicated

Here are 5 ways to escape from an abusive partner

Here are 5 ways to escape from an abusive partner

Things to avoid in the morning to have a productive day

Things to avoid in the morning to have a productive day

You’ll see these 7 signs if God wants you to be with someone

You’ll see these 7 signs if God wants you to be with someone

5 health benefits of mushrooms and how to add them to your diet

5 health benefits of mushrooms and how to add them to your diet

5 musicians you probably didn’t know are deaf

5 musicians you probably didn’t know are deaf

10 cheat codes for lazy people who want to live healthy

10 cheat codes for lazy people who want to live healthy

7 activities to avoid if you have high blood pressure

7 activities to avoid if you have high blood pressure

11 cities in the world named Lagos

11 cities in the world named Lagos

Here’s what having a birthmark on these parts of your body really means

Here’s what having a birthmark on these parts of your body really means

ADVERTISEMENT
ADVERTISEMENT