Post
Topic
Board Economics
Re: Spending less than your income is key to financial stability
by
Tigerheart3026
on 11/02/2025, 06:08:58 UTC
It's not possible to spend more then you earn because if one spends more than he or she earns, it definitely means that the person also spends others money, maybe borrowed money and this will make the person be on a big depts. One can spend all the money they earn but can't spend more than what they earn. Economy is hard because of inflation, and one need to have more than one job so that he can take appropriate care of his expenses and also make some savings for future purpose.
spend more then from our income is possible but it's short time, like if you borrowing money from your friends or banks,
but it can not be possible to spend in every month because you can not borrow money in consistently
because you have to also this money on time. but if high inflation in the economy so some people's have to spend more then their earns.