You Rarely Live Below Your Means
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Many in the middle class tend to live a lifestyle that teeters on the edge of financial disaster. Even if they get a raise at work, they’d rather marginally upgrade their lifestyle than save more of that newfound money.
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Budgeting and saving are great ways to live below your means, but that isn’t the way a lot of middle-class folks choose to live. If they practiced good financial behavior, there would be more money for future investments and fun.
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