A Certified Financial Social Work Counselor’s (CFSW) Thoughts on Money
1. How do you define the term, “Living within your means?” First, you need to make sure you are spending less per month than you earn. Secondly, you need to insure that you are saving money for retirement and have at least a 6-month emergency fund. 2. What is the difference of “living within your means” and “living below your means”? I think of living below your means as saving a substantial amount of money... beyond the 6 month emergency fund, retirement, and any other basic savings necessities. 3. Can you provide at least five tips a person can use…