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Cut your coat according to your cloth

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LampPro Tip 1/3

Resource Awareness

Understand the importance of managing expenditures based on available financial resources.

Illustration for Resource Awareness
She made sure to cut her coat according to her cloth when choosing a vacation destination.
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Avoiding Debt

The phrase encourages avoiding debt by only buying what you can afford without borrowing.

Illustration for Avoiding Debt
Max decided to cut his coat according to his cloth and buy a used car to avoid loans.
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Income Adjustment

Suggests that lifestyle changes may be necessary if one's income decreases.

Illustration for Income Adjustment
After her pay cut, Emily remembered to cut her coat according to her cloth and cancelled her gym membership.
Visual representation of the word "Cut your coat according to your cloth"

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