You might think it's impossible to have more money than you, but that's not true. Most people who have the things you want have borrowed money to purchase them. You should also understand that those who drive the most expensive cars and own the most beautiful houses are usually in debt. If you are comparing yourself to others, start living on a budget and cutting your expenses. Once you're debt-free, begin saving. Don't get caught up in the rat race.

One of the biggest mistakes people make is thinking they should spend more than they make. The people who spend more money than you are probably in debt, trust fund babies, or never going to retire. They're probably figuring out the secret to making more money than you. But they're just as likely to be unable to afford to live on that level. If you're living above the poverty line, this may be a good time to start saving.

Another habit that contributes to debt is overspending. Eventually, these spending habits catch up to you and leave you with a debt that you can't pay. Avoiding the temptation to use your credit card, borrow from others, or use your savings are just a few of the bad habits that will lead to debt. But you can do something about these habits. Listed below are some ways to start spending less than you earn.

Make compromises. If your partner makes more money than you do, it's OK to cut back on the extravagant things you do. Instead of going out to dinner every night, take a day trip, or go on vacation. These things can build your relationship. Even if you don't have a lot of money to spend, you can still make the most of it. It's not impossible to get your partner to compromise and enjoy a luxurious lifestyle.