Four ways to never be wealthy

1. Buying or leasing a new car every three years to keep up with our neighbors 

  This sounds like a no brainer. Many people just get used to making payments and assume it's time for a new car when payments end, don't do it. Save the payments you were making and keep that old car awhile. This gets interest coming in instead of going out.

2. Never doing the basic maintenance to our home or car

  Ignoring maintenance costs much more in the long run. Not replacing windows can increase utility bills over time. Not replacing brake pads can lead to much higher car repairs than necessary. Just doing basic maintenance can increase the lifespan of most large products.

3. Don't budget or track expenses

  When we never add up what's coming in or going out, how can we know where we are financially? Family budgets are the same as businesses taking Inventory. We need to know where the starting line is in order to set and reach any goal.

4. Load up on TVs, smart phones, gadgets, and all the expensive monthly service plans to maintain them.

  Many people I know have smart phones that cost $100 or more in monthly fees. This is fine if we can afford it, but these people complain about being poor or not making enough money to save. Saving is almost never an income problem, it's a spending problem. We need to look at recurring monthly payments and check for opportunities to save. If we don't make saving a priority, it won't be. Finwiz.