7 signs you’re spending more money than you can afford


signs of spending too muchADRIAN DENNIS/AFP/Getty Images

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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See Also:

Making 2 changes to your finances will get you out of debt in 2020, according to a financial adviserI’ve coached over 1,000 millennials, and these are the 4 money mistakes they’re makingWe asked financial planners for their favorite high-yield savings account, and almost everyone said the same thing

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