No matter your income, do you live within or beyond your means?

Jump to Last Post 1-6 of 6 discussions (6 posts)
  1. wjlambert profile image74
    wjlambertposted 4 years ago

    No matter your income, do you live within or beyond your means?

    I recall my parents complaining that based on their combined income that the gov't would not help them pay for the college educations of myself and my siblings until they had given $17,000 / year.  They were living too close (if not over) their means.  They said that they could not afford even $2000 / year extra.

  2. duffsmom profile image59
    duffsmomposted 4 years ago

    We live within our means. Years ago, we used credit cards like cash and while all of our credit cards and other bills were always paid on time, the credit card debt was substantial.

    We got it all paid off and have never done that again.  But when the kids still lived at home we did use them quite a bit.

  3. forlanda profile image77
    forlandaposted 4 years ago

    My wife and I always lived within our means.  The funny thing though is that no matter how much money I earned our expenses would expand like gas to fill the earning gains.  We also use credit cards like a no interest loan because we would always pay it in full when due.  During the real estate boom, our neighbors refinanced their home and cashed out equity, then bought themselves new cars.  We, on the other hand, stuck to our fixed rate loan and survived the crash.  Some of my friends traded up on their house and got themselves into an interest only loan for the first 5 years.  When the bubble burst, they were all in financial peril.  Being fiscally conservative has certainly kept me out of trouble.

  4. lburmaster profile image83
    lburmasterposted 4 years ago

    Growing up, my parents always said they never had money. In college, I realized that to be true. They set their limits and would not go beyond that because they knew what they could handle. However, they really reached to their limit. I learned from this by always having extra. Since I'm in charge of the family finances, our budget always has room for extra fun and entertainment.

  5. jjackson786 profile image93
    jjackson786posted 4 years ago

    We live below our means. For a while, we were living above and we just couldn't keep up the lifestyle with a new job for me and a pay-cut for him. So we eliminated any luxuries- eating out, seeing movies, overpaying bills- and we've been able to save quite a bit of money. We are now working on getting rid of cable, which is a burden unto itself. Slowly but surely, we are cutting into our debt and we should be in a much better position in a few years than we have been.

    I hate doing this, but here's a link to a Hub that I've recently written about ways to live more frugally. Times are tough and these are tips that I myself have learned along the way. I feel like it should be shared in the event that it can help someone.

    http://jjackson786.hubpages.com/hub/Way … issing-Out

  6. moonfairy profile image78
    moonfairyposted 4 years ago

    We live within our means. Every once in a while we treat ourselves to something really nice but even that has been well thought out ahead of time.

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)