Humility, a core value for anyone interested in self-improvement, is tied in closely with modesty. But what's the difference? What does it mean to "live modestly", and why should you do it?We can define living modestly financially as "spending less than you make". The bottom limit is spending just enough to survive. Though, should you sell your nice clothes and wear rags? Should you only drink the bare minimum amount of water you need? Is this extreme, or is it living modestly? In this episode, I'll address such questions and explain in detail why you should live modestly, if not for psychological reasons than certainly for practical reasons. Learn more about your ad choices. Visit megaphone.fm/adchoices