Million dollar mistake #10
Ignoring your finances. Your have accepted the idea that if made enough, the finances will take care of themselves. If you have debt, you rely on the future growth of you income. You think that working hard will get you bigger salary and eventually solve the debt problem. In reality, the situation tends to be much sadder. Practice shows that higher earnings (salary) correlate with higher expenses and possibly higher quality of life. Unsolved debt problems grow together with ones earnings.
The more you earn, the more you spend, the more you need, the larger portions of debt you tend to accept. Higher salary gives you more debt confidence, step by step getting yourself into endless liabilities. Unfortunately, it takes hard planning to become wealthy. It doesn't magically happen to the vast majority of people.
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