Summary

Article Metadata

Building Wealth Too Fast Risks

This is a news story, published by Yahoo Finance, that relates primarily to Harris Poll news.

personal finance & financial education news

For more personal finance & financial education news, you can click here:

more personal finance & financial education news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like personal finance & financial education news, you might also like this article about

risky investment advice

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest fast money news, Savings news, personal finance & financial education news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

High Yield Savings Offers

GOBankingRates

GOBankingRates

•

Business

Business & Economics

Here are four common dangers of building wealth too quickly and how you can avoid them

GOBankingRates

Summary

Nutrition label

57% Informative

As many as six in 10 Americans want to become a billionaire, a Harris Poll survey found.

As tempting as it is to build wealth quickly, it can be incredibly dangerous for your financial well-being.

Trying to earn money as fast as possible leaves you vulnerable to lifestyle creep, overinvesting your savings and falling into debt.

VR Score

40

Informative language

33

Neutral language

26

Article tone

informal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

long-living

External references

8

https://www.gobankingrates.com/investing/real-estate/housing-markets-plummeted-value-over-past-5-years/?hyperlink_type=manual&utm_term=related_link_2&utm_campaign=1306759&utm_source=yahoo.com&utm_content=3&utm_medium=rss https://secure.money.com/pr/ddeccd58da84?s1=POM&s2=Vertical https://www.gobankingrates.com/money/wealth/more-money-does-make-people-happier-1-reason-dont-want-chase-extra-cash/?hyperlink_type=manual&utm_term=incontent_link_2&utm_campaign=1306759&utm_source=yahoo.com&utm_content=4&utm_medium=rss https://www.gobankingrates.com/money/wealth/how-to-build-wealth-fast/?hyperlink_type=manual&utm_term=incontent_link_1&utm_campaign=1306759&utm_source=yahoo.com&utm_content=1&utm_medium=rss https://secure.money.com/pr/m3200b054b75?s1=POM&s2=Vertical https://secure.money.com/pr/se48daba8eb6?s1=POM&s2=Vertical https://www.gobankingrates.com/money/wealth/signs-youre-quietly-getting-rich-according-to-frugal-living-expert-austin-williams/?hyperlink_type=manual&utm_term=related_link_3&utm_campaign=1306759&utm_source=yahoo.com&utm_content=5&utm_medium=rss https://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=1306759&utm_source=yahoo.com&utm_content=2&utm_medium=rss

Source diversity

2

www.gobankingrates.com secure.money.com

Affiliate links

no affiliate links

Read full article