Part 8/13:
He cites examples like in-app purchases or high gaming expenses, which often drain resources without offering lasting value. Wealthy individuals are more deliberate, controlling how much time and money they dedicate to entertainment, ensuring it doesn't come at the expense of financial growth.
7. Constant Chasing of New Technology
The allure of the latest gadgets—new iPhones, laptops, gaming consoles—can lead to unnecessary spending. Many buy these items not out of need but to keep up with peers or for social status, often exceeding their means.