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He added that wealthy people are disciplined about maintaining a consistent standard of living regardless of increased earnings.

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Below are the top money traps wealthy folksnever fall prey to.

Franklin pointed out that they might be attempting to compensate for the emotional damage they have caused their family.

They fear criticism or inaccuracy from others they fear she wont get it or hell never forgive me.'

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Moreover, it might shut offsupport or counselthat could help stop the harm, he said.

The expert said the majority of the time the insurance from employment is not adequate.

And you would want your own policy that follows, no matter where you work.

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These are always hot, but they are volatile, he said.

What rockets will crash just as fast, and you may never actually see any profit.

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