58% of Americans are living paycheck to paycheck, thanks to these dangerous money traps that people are being sucked into. These deceitful traps are what keeps them stuck in the middle class. If you want to break free from poverty and reach financial freedom sooner, pay close attention to the 8 Middle Class Money Traps you need to avoid at all costs!
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⏱️Chapters:
00:00 – Intro
00:28 – Lifestyle Inflation
01:39 – Paying Yourself Last
02:49 – Being A Loyal Employee
03:46 – Being Penny Wise And Pound Foolish
04:57 – Keeping Up With The Joneses
06:09 – Waiting Too Long To Invest
07:25 – Being Financially Illiterate
08:34 – Allowing Banks To Steal Your Money
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Sources:
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Warren Buffett ([ Ссылка ]) by Mark Mathosian ([ Ссылка ]) is licensed under CC BY-NC-SA 2.0 ([ Ссылка ])
Personal Finance Expert and New York Times Best Selling Author ([ Ссылка ]) found on ([ Ссылка ]) by FinishRich Media, LLC, CC BY-SA 3.0 ([ Ссылка ]), via Wikimedia Commons
Fortune The Most Powerful Women 2013 ([ Ссылка ]) by Fortune Live Media ([ Ссылка ]) is licensed under CC BY-ND 2.0 ([ Ссылка ])
8 Middle Class Money Traps You Need To Avoid At All Costs
Теги
money trapsmoney traps to avoidmiddle class money trapsmiddle class money traps to avoidlifestyle inflationlifestyle creeppaying yourself lastpay yourself firstpay yourself lastcareer growthcareer developmentbeing penny wise and pound foolishcheap vs frugalkeeping up with the joneseswaiting too long to investcompoundingwarren buffettfinancial educationbanks stealing your moneycontrarian mindsetfinancial literacypersonal finance