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If You Want to Break Out of the Middle Class, Avoid These Money Habits
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                                   Phil Town
                                   VIP CONTRIBUTOR
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​​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:
  1. Having no emergency funds.
  2. Not investing enough.
  3. Having no trust in the stock market (putting away money in a 401K is just the start)
  4. Not thinking long-term.
Town recommends only buying things when it is absolutely required. Invest everything else.

Related: The Biggest Risks (and Rewards) of Investing
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