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GOBankingRates
GOBankingRates
Cindy Lamothe

5 Everyday Expenses That Quietly Drain Upper-Class Wealth

yanyong / Getty Images/iStockphoto

When you think of the upper class, “running out of money” probably isn’t the first thing that comes to mind. But even high earners aren’t immune to sneaky spending habits that can quietly chip away at their wealth. 

From subtle lifestyle upgrades to overlooked recurring costs, these everyday expenses can add up faster than you’d expect. “I’ve worked with many high-net-worth families who were surprised to learn that their biggest financial leaks weren’t market losses or bad investments but the silent, recurring expenses they barely noticed,” said Chris Heerlein, CEO of REAP Financial.

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