You’ve probably heard this saying more times than you can count, “live within your means.” What exactly does that mean, and how can you apply this to your financial life?
Everybody has a “dream car.” Most dream cars also come with a very hefty price tag and if you like a really expensive car, it is probably more than you will earn in one year of work. After realizing that the dream car may have to wait, you might select a more affordable car or even a used car. Still the same dilemma though, how do you pay for the car?
The need to make a major purchase pops up in everyone’s life from time to time. Whether it is a bigger house for the family, a newer car, furniture, or a family vacation; consumers are analyzing these purchase decisions now more than ever.