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Are you middle class?

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If so, check out these purchasesthat are keeping you from getting richer.

New Cars

Specifically, the ones with high monthly payments.

Unless you live in a city with excellent public transportation, you likely need a car.

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Combined with lifestyle creep incrementally upgrading living standards as income increases they can drain financial resources.

Taking stock of your subscriptions regularly can help you save a ton of money, Henry explained.

Credit cards often have high interest rates, so debt builds quickly, he added.

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High-interest debt is entirely avoidable, but it can be ahuge financial blowand a roadblock to ever building wealth.

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