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But how can that affect yourmoneyin the long run?
He explained that in some cases, living below your means is a necessity.
Below are some top reasonsliving below your means might not be the right choice for your money.
Kevin Shahnazari, founder and CEO ofFinlyWealth, noted the same.
Sometimes, you have to spend strategically choosingexperiences or investmentsthat will strengthen your earning power or expand your horizons.
Many successful wealth builders focus on expanding their income rather than restricting their spending, he said.
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