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Home» Questions»Q 20541
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

deucher
deucherActive Contributor
Asked: August 14, 20232023-08-14T14:01:37+00:00 2023-08-14T14:01:37+00:00In: Money & Business

Do your earnings exceed your income?

In such a cruel world it is very difficult to earn money and most people live in poverty. Many spend money even more than they earn and constantly need to borrow from someone and be in debt, which is very inconvenient for a peaceful life

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8 Answers

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  1. Lens
    Lens Knowledge Seeker
    2023-08-14T14:05:11+00:00Added an answer on August 14, 2023 at 2:05 pm

    I think you should reframe the thread topic because there is a mistake there . Having said that, if you engage in spending a lot of money than the amount you mad,  it will definitely result in debt . If you want to avoid accumulating so much debt, it is important to cut your coat according to your sRead more

    I think you should reframe the thread topic because there is a mistake there . Having said that, if you engage in spending a lot of money than the amount you mad,  it will definitely result in debt . If you want to avoid accumulating so much debt, it is important to cut your coat according to your size . Spend according to the amount you are making. This could be done if you have a proper list of amount to spend on products or properly having a good budget.

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  2. Suba
    Suba Knowledge Seeker
    2023-08-14T14:16:35+00:00Added an answer on August 14, 2023 at 2:16 pm

    Your question is wrong bro, it should be, Does your income exceed your Expenses? (not: Do your earnings exceed your income?) Even though my income is small, my expenses must always be below my income, so that in my life I don't have debt for buying unnecessary things. Even though I once owed a mortgRead more

    Your question is wrong bro, it should be, Does your income exceed your Expenses? (not: Do your earnings exceed your income?)
    Even though my income is small, my expenses must always be below my income, so that in my life I don’t have debt for buying unnecessary things. Even though I once owed a mortgage to repay the purchase of a residential property, now it has been paid off. Don’t get used to living with debt, we must be able to manage our finances, so we are not wasteful, only buying things we need, not buying on the basis of desire.

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  3. Carpon
    Carpon Expert Mind Hustler
    2025-09-06T10:00:10+00:00Added an answer on September 6, 2025 at 10:00 am

    I think that answer this question it will love to depend on what I have as my expenses because if I'm supposed to buy everything that I need then of course my income can never be compared to my expenses. But sometimes in order to make everything all right one has to make budgets and plans so that yoRead more

    I think that answer this question it will love to depend on what I have as my expenses because if I’m supposed to buy everything that I need then of course my income can never be compared to my expenses.

    But sometimes in order to make everything all right one has to make budgets and plans so that your expenses can fit into your income and that is why budgeting is very important in personal financing

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  4. Abigael
    Abigael Trusted Adviser Abigael
    2023-08-15T12:07:15+00:00Added an answer on August 15, 2023 at 12:07 pm

    Right now I won't lie, my expenditures are way more than what I earn. It is a saddening situation that I really hope to change with time. That is why I am learning new skills and applying for new jobs that pay better.   Having your daily needs demanding more money than what you earn makes livinRead more

    Right now I won’t lie, my expenditures are way more than what I earn. It is a saddening situation that I really hope to change with time. That is why I am learning new skills and applying for new jobs that pay better.

     

    Having your daily needs demanding more money than what you earn makes living so difficult. You get into debts easily and you live uncomfortably due to so many things you wish to have.

     

    It helps a lot to accept the situation as it is and try your level best to live within your limits. You will have to reevaluate your expenses and have priorities for what you want to spend on.

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  5. astutimeliana723
    astutimeliana723 Newcomer
    2023-08-15T12:19:45+00:00Added an answer on August 15, 2023 at 12:19 pm

    As for me, finances have been a bit difficult since the pandemic, but I'm grateful because we never go without food. Although there are days when we have to save money on food matters. Because sometimes we don't get money for days, so we take advantage of the little by little savings that I collecteRead more

    As for me, finances have been a bit difficult since the pandemic, but I’m grateful because we never go without food. Although there are days when we have to save money on food matters. Because sometimes we don’t get money for days, so we take advantage of the little by little savings that I collected before the pandemic. But since 2023 I am very grateful because I started to get to know paid online forums, so that it can help my finances a little.

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  6. Augusta
    Augusta Enlightened Mentor
    2025-09-06T07:42:42+00:00Added an answer on September 6, 2025 at 7:42 am

    Well, I wouldn't say it used to exceed my expenses because it's not about the income but how one spend money. Because I know that some people just keep spending daily.it is good to cut down on expenses of you want to spend money Though sometimes I go broke but not really bad but I have been trying tRead more

    Well, I wouldn’t say it used to exceed my expenses because it’s not about the income but how one spend money. Because I know that some people just keep spending daily.it is good to cut down on expenses of you want to spend money

    Though sometimes I go broke but not really bad but I have been trying to fit down on my expenses to make my income better. So yes, I try to deliberately cut down my expenses

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  7. Carpon
    Carpon Expert Mind Hustler
    2025-09-06T09:59:44+00:00Added an answer on September 6, 2025 at 9:59 am

    I think that answer this question it will love to depend on what I have as my expenses because if I'm supposed to buy everything that I need then of course my income can never be compared to my expenses. But sometimes in order to make everything all right one has to make budgets and plans so that yoRead more

    I think that answer this question it will love to depend on what I have as my expenses because if I’m supposed to buy everything that I need then of course my income can never be compared to my expenses.

    But sometimes in order to make everything all right one has to make budgets and plans so that your expenses can fit into your income and that is why budgeting is very important in personal financing

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  8. De Mogul
    De Mogul Expert Mind A student
    2025-09-06T11:56:50+00:00Added an answer on September 6, 2025 at 11:56 am

    Everything concerning finance and money management depends on how discipline you are an also how you minimize some expenses around you. Some people actually end a lot of money but end up going I mean people debt and this is not because they don't have enough money but because they love the proper maRead more

    Everything concerning finance and money management depends on how discipline you are an also how you minimize some expenses around you.
    Some people actually end a lot of money but end up going I mean people debt and this is not because they don’t have enough money but because they love the proper managing skill and also the discipline to minimize their cost of living.
    If you want to live very comfortable it is important that you budget your expenditures

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