It's not easy with all the spending temptation that are available nowadays. However, going into debt live above one's means will have a negative impact on wealth building.
Although it requires discipline, living below one's means is better option to me. Of course, one should still buy what is definitely needed.
One strategy that worked for me is to "pay myself first." By that, I mean put a significant portion of take home salary into savings, starting with 10%, keep increasing and putting raises and bonuses in savings until reaching 20%. Invest that 20% and avoid using it, if possible, since this should be in addition to emergency funds or saving for large purchases.
Another strategy is to pay off credit card statements completely before or at the due date, to avoid late fees and interest charges. This keeps one living within one's means.
Finally, if all else fails, live on a cash basis. It forces one to liven within one's means.
This is not financial nor wealth building advice. Please consult a professional advisor.
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