there are some bad spending habits that
the rich people avoid and that
unfortunately poor people middle class
people have what I found out was that
wealth success being in the middle class
being poor is all about your habits
emotional purchases these are oh I love
that beautiful red dress or that cute
sports car and you make this emotional
purchase and oftentimes it causes you to
go into debt if their big purchase but
if not then you are depleting your
savings account your checking account
spontaneous purchases are also poor
habit that's something the rich avoid
well this is the very reason why at the
checkout counters they have all of these
goodies for people to buy the retailer's
know that the human brain works off of
impulse many times and they'll make this
spontaneous purchase and they add up and
they could really cause a lot of damage
you want to spend modestly one of the
smartest things you can do is to
purchase a modest house in a modest
neighborhood this means you're not only
going to have a lower mortgage you're
going to have lower real estate taxes
you're going to have lower utility costs
lower home repairs one good decision
like that and it has a ripple effect
throughout your spending so those are a
couple of the bad habits to avoid
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