7 Middle Class Purchases Keeping You Poor (And How to Escape Them)

2 months ago
3

You work hard. You earn well. You even save when you can. But you’re still stuck… Why?
In this video, I expose 7 traps the middle class keeps falling into; the ones that feel like smart decisions but quietly drain your wealth. These aren’t just theories. I’ve lived them, from overpaying for a prestigious degree to dealing with a painful mortgage spike.
If you’ve ever felt like you’re doing everything right but still can’t get ahead… this video might explain why.

⏱️ Timestamps:
00:00 – Intro
00:02 – Trap #1: Sounds Smart… But Isn’t
01:59 – Trap #2: You’re Paying For What You Don’t Use
03:16 – Trap #3: A Painful Lesson I Learned Firsthand
05:04 – Trap #4: The Silent Killer of Wealth
07:00 – Trap #5: Feels Like a Break, Ends Like a Burden
08:28 – Trap #6: It’s on Sale, So You Bought It
09:40 – Trap #7: The Ones You Forgot Are Still Charging You

📊 Referenced Sources:
Investment Growth Over Time – Calculator.net - https://www.calculator.net/investment-calculator.html
Average Monthly Car Payment – NerdWallet - https://www.nerdwallet.com/article/loans/auto-loans/average-monthly-car-payment
How Fast Your Car Loses Value – Edmunds- https://www.edmunds.com/car-buying/how-fast-does-my-new-car-lose-value-infographic.html
Cost of Food Waste in the U.S. – EPA Report - https://www.epa.gov/system/files/documents/2025-04/costoffoodwastereport_508.pdf
Millionaire Study: Where They Really Went to School – Ramsey Solutions - https://www.ramseysolutions.com/retirement/the-national-study-of-millionaires-research
How Much House Can You Afford? – Ramsey Solutions - https://www.ramseysolutions.com/real-estate/how-much-house-can-i-afford
How Much We Spend on Subscriptions – C+R Research - https://www.crresearch.com/blog/subscription-service-statistics-and-costs

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