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GOBankingRates
GOBankingRates
Joel Lim

7 Things Rich People Never Waste Money On (But the Middle Class Often Does)

dima_sidelnikov / Getty Images/iStockphoto

If you are middle-class, then you’ll know all about the conspicuous shows of having money.

Far too many people’s lifestyle is funded by debt. According to Federal Reserve data, U.S. consumer debt now exceeds $18.2 trillion, and the average per-household debt rate is $105,056.

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