Live Within Your Means, Part 2
Living within your means suggests that you wait until you have the money before you buy something. This gives you the benefit of avoiding interest charges. It also gives you a waiting period during which you may well discover that you don’t want some of those things after all. He who hesitates saves money. The bright side of living within your means is that you will use and enjoy what you have and harvest a full measure of fulfillment from it, whether it’s your old car, your old coat, or your old house. It also means you can weather the economic bad times when they come — which they will.
— Joe Dominguez, Your Money or Your Life
