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Business & Economics

4 Purchases Keeping the Upper Middle Class from Getting Richer

GOBankingRates
Summary
Nutrition label

78% Informative

New luxury vehicles are one of the biggest wealth drains I see among my upper-middle-class clients.

Lifestyle creep through frequent luxury travel, dining and high-end purchases diverts a lot of money from wealth building investments.

Private school tuition without proper college savings planning creates another major wealth barrier, said Kevin Shahnazari .

VR Score

76

Informative language

73

Neutral language

49

Article tone

informal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

11

https://www.gobankingrates.com/money/wealth/how-to-build-wealth-fast/?hyperlink_type=manual&utm_term=incontent_link_1&utm_campaign=1309015&utm_source=yahoo.com&utm_content=1&utm_medium=rsshttps://www.finlywealth.comhttps://secure.money.com/pr/ddeccd58da84?s1=POM&s2=Verticalhttps://www.gobankingrates.com/saving-money/savings-advice/retired-boomer-bills-canceled-this-year-that-were-waste-of-money/?hyperlink_type=manual&utm_term=related_link_2&utm_campaign=1309015&utm_source=yahoo.com&utm_content=3&utm_medium=rsshttps://www.gobankingrates.com/money/wealth/wealth-destroying-mistakes-people-make-every-day-without-knowing-it/?hyperlink_type=manual&utm_term=related_link_1&utm_campaign=1309015&utm_source=yahoo.com&utm_content=2&utm_medium=rsshttps://www.gobankingrates.com/saving-money/savings-advice/purchases-keeping-middle-class-from-getting-richer/?hyperlink_type=manual&utm_term=incontent_link_2&utm_campaign=1309015&utm_source=yahoo.com&utm_content=4&utm_medium=rsshttps://secure.money.com/pr/m3200b054b75?s1=POM&s2=Verticalhttps://secure.money.com/pr/se48daba8eb6?s1=POM&s2=Verticalhttps://www.gobankingrates.com/money/wealth/how-to-build-wealth-fast/?hyperlink_type=manual&utm_term=related_link_3&utm_campaign=1309015&utm_source=yahoo.com&utm_content=6&utm_medium=rsshttps://www.ovlg.comhttps://www.gobankingrates.com/saving-money/car/new-luxury-cars-most-likely-arent-worth-expensive-upkeep/?hyperlink_type=manual&utm_term=incontent_link_3&utm_campaign=1309015&utm_source=yahoo.com&utm_content=5&utm_medium=rss

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