Financial planning can help you reach retirement goals and keep you from making spending blunders and keep you from developing a lifestyle in which you are constantly trying to make up for spending mistakes.
In “Signs You’re Living Beyond Your Means” Yahoo! offers some tough love for those of us who think we are doing just fine but fail to realize that we are overspending. By their definition you’re living beyond your means if:
- “You couldn’t survive financially without your job’s income for at least six months.”
- You’re saving less than 10% of your pay.
- Your mortgage payment