"Spend Less Than You Earn" Is Useless, Unhelpful Financial Advice
If youve ever read five words about personal finance, they were probably Spend less than you earn. Its popular because its simple. In fact, its too simple. Its the smallest piece of a big puzzle with lots of complicated parts. Its time we taught those instead. Whats Wrong With Spend Less Than You Earn? You make X amount of dollars per month and you spend Y amount. I think we can all agree that thats a bad way to live....