You’re Broke Because You Spend Too Much

Medium | 26.01.2026 09:35

You’re Not Broke Because You Don’t Earn Enough

You’re Broke Because You Spend Too Much

Matt | Financial Imagineer

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There’s a strange magic trick happening all around us. People with six-figure salaries living paycheck to paycheck. Luxury cars parked outside apartments with maxed-out credit cards inside. Vacations paid for with money that doesn’t really exist yet. From the outside, it looks like wealth. From the inside, it’s stress wearing a designer jacket.

I like to call this “the illusion of rich”.

Here’s the uncomfortable truth most people don’t want to hear:

  • Wealth has almost nothing to do with how much you make.
  • It has everything to do with what you keep.

I’ve come across way too many highly educated folks in very well-paid positions who keep wondering, why they can’t “move the needle” and feel stuck despite out-earning all their peers.

The good news is: If you are not one of those high-earners, you also got a good shot on becoming wealthy, since earning a lot is just one side of the story to riches.

Let’s dive in!

Income Is Loud. Wealth Is Quiet.

Income is flashy.