In Julius Agwu’s voice in Life as I see it, you can only recommend this piece of advice to the limited short-sighted people who are scared to take risk. When someone wants you to live within your means, they are indirectly limiting you to progress as it equally means living below your means. It promotes financial stagnation of all kind. To live within your means is when you are literally being told to spend less than what you earn as a way of saving for the raining days.

However, to live within your means is useless and insignificant in situations like when you are trying to save yourself from death, being on a sick-bed for a very long time or when you were fired for not being able to work due to poor heath challenge resulting from “spending way below your income”. What does “live within your means” really mean to you when you have to make a tough financial decision about your health or that of the one close to you. If we all have to go by this rule, many will not have a car, a house or even education being the master of all.