As an adult, you know the importance of living within your means. It doesn’t matter if you work a minimum wage job or make more than six figures; everyone has a budget that they must use. The simple principle is that you can’t have more going out than coming in, or it will get you in financial hot water.

Living within your means seems so easy when you have a paper or pen in hand, but it’s not so straightforward when you implement the use of that budget. What happens when you have an emergency or when there’s an unforeseen event happen that you didn’t prepare for in advance? Such an occurrence can wipe you out.

Cash and payday loans become a way out of trouble, but it’s all too soon that these loans become due. Additionally, the interest rates and high fees cause you to need another one to cover the previous loan. It’s a vicious cycle that many people find themselves in all because they don’t live within their means. At a helpful site like, their aim is to always create better solutions for everybody’s money needs.

Fifteen Ways Living Within Your Means Increases Happiness

The cost of living in this country continues to skyrocket, which means more people are living at the poverty level. An article by Market Watch states that 44 percent of the population can’t cover an unexpected $400 bill. The ability to withstand financial disruptions is something that many people don’t consider, but it can make or break your finances and contentment.

There’s no stress like financial debt, but it doesn’t have to be this way. Here are some reasons why living within your means can increase your happiness.

living within your means

1. You Learn to Control Impulse Spending When You Master Living Within Your Means

No matter how good you’ve done with your finances all month, one impulse shopping trip can ruin everything. Just think, one moment of weakness erases all the hard work and effort you’ve made.

When you learn about living within your means, you understand the real impact of these purchases and avoid them at all costs. It might take some real effort to stay away from the malls or that big-box retailer you frequent, but soon it will become an old habit.

2. You Find That Less Stuff Equals Less Stress

If you have a shopping problem, you might have quite an accumulation of things. The more stuff you have around you, the more uncomfortable it is to live. Take, for instance, someone who is always at the thrift stores or flea markets.

It’s effortless to accumulate a hoard. Having a cluttered home can bring anxiety and stress and counterproductive to joyous living. However, when you learn to spend within your budget, you’ll realize that you were making lots of purchases you don’t need.

3. Living Within Your Means Could Help You Attain Financial Security

The goal of living within your means helps to achieve financial security. Remember that pennies turn into dollars. You learn to develop a new attitude when you’re in the mindset to save and not splurge.

Money issues are a huge source of contention. By using a bit of wisdom, you can be happier by learning to secure your future and not worry about it.

4. You Quit Living Paycheck to Paycheck

Living a minimalist lifestyle can stop the vicious cycle of living paycheck to paycheck. You learn that maybe you don’t need cable TV or a subscription to a candle of the month club, as these are frivolous and not required for living. Your mindset tells you that you can put money back into a rainy-day fund so that you don’t have to worry about paying the rent.

5. You Don’t Worry About Paying Your Bills

Minimalism is laying your head on the bed at night and knowing that you have enough to pay your electric bill this month and the next. There’s a peace that comes from knowing you can still take care of things if you can’t go to work for a week. It’s a security that brings you peace of mind, as money problems can rob your joy quicker than anything.

6. Living Within Your Means Helps You Start to Shop Smarter

No one says that you can’t shop when you’re budget-minded, but you learn the art of shopping smarter. You will be much happier when you can get what you need for less. As an adult, you know to put back the name-brand toilet paper because you found the generic pack for $1.00 cheaper, and all these savings add up.

7. You Build Your Income Not Your Debt

You learn to develop your bank account by living minimalism rather than building debt on credit cards and personal loans. If you get a raise at work, most people will get a new car, home, or make a luxury purchase, all of which are unnecessary. There’s probably nothing wrong with the house you have now.

Living within your means teaches you that you put the extra away if you get a larger income. There’re always unforeseen things that happen in life, and you’ll be prepared.

living within your means

8. You Embrace Delayed Gratification

Most people need the motivation to help them stay on course, as saving money isn’t easy. You’ll need to make sacrifices and give up those little treats you’ve come to love. However, it would help if you learned that saving today can help you have a joyous tomorrow. Some folks focus on the perks of delayed gratification.

It would help if you psyched yourself by saying that while you can’t have that fancy Italian dinner tonight, you will be sitting on a beach in the tropics one day. Living frugally means that you can have money for memorable experiences later.

9. Your Attitude Changes as You Don’t Whine About Money

No one likes someone who is down and out about money problems all the time. Your entire attitude changes when you don’t have this dark financial cloud hanging over you. You may have friends come around more often and feel like socializing a bit more.

According to Psych Central, more than 15.8 percent of the population has depression due to their overwhelming debts. So, worrying about money can really take its toll on you.

10. You Don’t Try to Keep Up with Others

There’s a lot of pressure to keep up with your neighbors, friends, and family members. The problem is that this “fake wealth” can only last for a short season. If you’re running up credit cards and living outside of your means, there always comes that day when you face the harsh reality.

You can set yourself free and be happier when you learn to be thankful and live with what you have been given. You don’t need to keep up with other folks and their materialism to be cheerful. True happiness comes from within you and can’t be bought.

11. You Cook Nutritious Meals from Home

Have you ever tracked your spending habits? Eating out is a high cost, even if it’s just a burger at the local drive-thru. Plus, it’s not healthy to eat all that food laden with fat and carbs. When you start cooking at home, not only will your wallet thank you, but your waistline will show stunning results.

12. You Build an Emergency Fund by Living Within Your Means

According to Fortunly, over 70 percent of the population has less than $1,000 in savings, which isn’t even enough to cover a major medical crisis. Building an emergency fund can help you have peace of mind that you’ve got it covered when things happen. You can finally lay your head on the pillow at night and rest rather than worrying about transferring money around to make your minimum payments.

13. You Become Budget Mindful When Living Within Your Means

Being budget mindful is a top priority when it comes to money management. You set aside a certain amount, and if you have anything left over, this can be your spending money. When you learn that your budget is boss, you adjust to these parameters.

14. You Feel Comfort and Security

While money shouldn’t be the basis of your joy, it can certainly make or break your happiness. You can learn that life can be comfortable and secure when you handle your money smartly.

15. You Learn You Don’t Need Unnecessary Money Suckers

Do you stop for a gourmet coffee on the way to work each morning? The average coffee from a shop can be anywhere from $3-$7, and you can brew that same cup of Joe at home for pennies. These purchases are called money suckers, as they drain your resources without realizing the impact of their hit.

You probably say that it’s not too expensive and only a few bucks, but it adds up quickly. Let’s assume that you spend $5 a day on a mocha latte every workday or five days a week. That equates to $25 a week and roughly $108 a month. There are 52 weeks in the year, and you’re spending about $1,300 to get your coffee.

Now, what can you do with an extra $1,300? When you start learning to identify your money suckers, you will learn how to save and live a minimalist lifestyle.

living within your means

Final Thoughts on Ways Living Within Your Means Increases Happiness

The whole world is fixated on shopping online and instant gratification. After all, just about anything can be delivered in two days or less. However, you must banish impulsive spending and take a better approach to your money.

By simply making some healthy changes to your spending and using strategies that help you live within your means, you will find that your happiness soars to a whole new level. It’s the best feeling in the world to lay your head on the pillow at night knowing your bills are paid, and you have some savings to fall back on. What financial changes can you make today that will impact your overall wellbeing?