If You Want to Break Out of the Middle Class, Avoid These Money Habits. | WMA 富道学院

If You Want to Break Out of the Middle Class, Avoid These Money Habits.

Phil Bradley Town, an American investor, motivational speaker, and author of two books on financial investment that were New York Times best-sellers.  discusses how people in the middle class often have only $1,000 in savings and piles of debt.

So, if your goal is to break out of the middle class and retire comfortably, here are a few habits — or “traps” — you should avoid:

  1. Having no emergency funds.
  2. Not investing enough.
  3. Having no trust in the stock market
  4. Not thinking long-term.

Town recommends only buying things when it is absolutely required. Invest everything else.

Click the video to hear more.

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