If You Want to Break Out of the Middle Class, Avoid These Money Habits
Phil Town
VIP CONTRIBUTOR
In this video, Entrepreneur Network partner Phil Town 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:
Related: The Biggest Risks (and Rewards) of Investing
Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.
VIP CONTRIBUTOR
In this video, Entrepreneur Network partner Phil Town 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:
- Having no emergency funds.
- Not investing enough.
- Having no trust in the stock market (putting away money in a 401K is just the start)
- Not thinking long-term.
Related: The Biggest Risks (and Rewards) of Investing
Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.