Ben Sinclair

January 25, 2023

Spend less than you earn

Budgets, income statements, and profit & loss might sound like scary words but the facts are, if you’re not managing your finances, you have no idea where your money is going. You may think you do, but you don't.

Unfortunately, a lot of people spend everything they earn and sometimes more than they earn thanks to credit cards and the like. This way of living is a one-way ticket to being poor when you one day retire.

Getting in the habit of spending less than you earn is something to action today. 

There are two ways to do this:

  1. Reduce your expenditure
  2. Find ways to generate more income

A combination of the two is a good place to start because we can always cancel one or two of those 5 streaming services subscriptions we have.


-Ben

About Ben Sinclair

Hey! I'm Ben. I’m a Christian, husband, father, son, friend, writing a book and also the CTO at Tithe.ly. I'm passionate about finance and technology. These writings are for me, however, maybe they’ll be interesting to others. Thanks for stopping by!