Why High-Income Earners Spend Too Much Money
Why High-Income Earners Spend Too Much Money

Why High-Income Earners Spend Too Much Money

 

Related:

 

Share:

Why High-Income Earners Spend Too Much Money

10 traps that can lead to financial insecurity.

“If you can’t live on $200K, you have a spending problem, not an earning problem.”

This observation is the cornerstone of a recent article posted to WhiteCoatInvestor.com, “10 Reasons Doctors Spend Too Much Money”. In the article, the author teases out the reasons why high-income earners (not just doctors) often blow through their income—and struggle to save.

The reasons are many from trying to impress family and friends, satisfying delayed gratification, or simply not understanding the tricks of investing. Read here for the all-too common struggles that keep the wealthy from financially thriving.

Read here for the full article »

 

Tags:  Doctors, Doctors and Money, Doctors and Wealth, Earn More Spend More, Earning and Spending, High-income Earners, Income and Doctors, Keeping up with the Honeses, Planning for the Future, Retirement, Saving Habits of High-income Earners, Spending, Spending Habits, Spending Habits of the Wealthy, Spending Problem, Work to Spend

Note:  The content of this article is for guidance and information purposes only and is not intended to be construed as advice. Information provided is not intended to provide investment, tax, or legal advice.


External Links:  This page may contain External Links. By clicking on these links, you are leaving the TC Wealth Partners website and going to a third party site. We are not responsible for the products, services, and content provided on third party sites. We also cannot endorse or guarantee the information or recommendations provided on third party sites. To learn more about our Security and Privacy policies, please visit our Terms of Use section.