Margin. What exactly is margin? Think about a piece of notebook paper. The edges are the margins. Having margins allows for extra room. Things aren't so tight. When you think about having margin in your finances it has to do with not living beyond your means. It has to do with having that extra cushion when something unexpected happens. Actually, you probably do know that it is going to happen eventually, but you just don't know the exact date. It's for this reason you should have a little margin in your budget. Margin also has to do with your time. If you are constantly running late then you might not be allowing enough margin in your day. It has been said that we often over estimate what we can do in a short period of time. Providing for some margin in your day allows not only for relaxation, but also for those unexpected events that pop up. As you think about your life, are you allowing for margin?
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