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the words living below your means kinda sounds like a drag so why do we think you should do it in this video well talk about what living below your means means and what it does not mean and if youre ready to get started well give you some steps that you can take to live below your means and well use an example from our real life to help you out but if you dont know us Im hope and Im Larry and this is under the median where every week we talk about practical frugality we really like definitions when we talk about a topic we like to make sure that were all approaching it from the same Viewpoint so what does living below your means really mean well it really means having money left over after youve paid out all of your expenses living below your means is a conscious decision you choose to spend less than you make it makes sure that all of your outgoing expenses are less than your incoming money now in short living below your means means less stress it means that you can relax kn