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GOBankingRates
GOBankingRates
Cindy Lamothe

3 Money Mistakes New Millionaires Make — and How You Can Learn From Them

Kyle Chapman
PeopleImages / Getty Images

Hitting millionaire status sounds like the dream — until you realize having money doesn’t automatically mean knowing how to handle that kind of wealth. In fact, plenty of new millionaires trip over the same financial missteps that can shrink their fortune just as fast as it grew. 

Check Out: The No. 1 Way Americans Become Millionaires Is Pretty Boring — and Easy To Do

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