
5 Common Middle Class Trap. 1. Income-expense loop: As income increases, lifestyle expenses increase at the same speed (Bigger house, Bigger Car) saving stay low, so wealth never compound. 2. Salary dependence: Relying on single salary and trading time for money. 3. #debt for status: Loan taken for things that don't generates income just to maintain social status. 4. Safety over growth: Preference for safe option only (FD and #Gold ) while avoiding learning about productive asset like #stock #equities and skills. 5. Fear of taking risk, always want to stay in comfort zone. #MiddleClass #BitcoinCrash
