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How much you should spend vs. save is highly personal; it depends on the type of lifestyle you want to live now and in the future.
Still, there are a few red flags that indicate you’re headed in the wrong direction.
Generally, if you carry a balance on a credit card, budget based on your pretax salary, or aren’t saving any money, you’re probably overspending.
SmartAsset’s free tool can help find a financial adviser to get your money on track »
If you want to end up wealthy one day, it’s crucial to keep your spending in check.
Many millionaires say the secret to building wealth is living below your means. But it’s not always easy to manage if you have a below average income, student loans, or other people to financially support.See the rest of the story at Business Insider
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