The retirement income for most of us reveals that many people are living on relatively little — and due to the high cost of living their incomes are shrinking over time, too. Fortunately, there is an action that can be taken to elevate this situation. You can start your own business.
Living beyond your income cannot continue for very long without getting into trouble, you will end up borrowing or using credit cards with very high-interest rates.
I know from experience having to cut back drastically on your spending, having to do without things that you have become accustomed to having is hard.