How Rich People Accidentally Destroy Their Wealth

One of the biggest reasons people lose their wealth is that making money and keeping money require two very different skill sets and mindsets. You might earn your wealth through a high-paying job, a successful business, a lucky investment, or even an inheritance—but holding onto that money is a whole different challenge. Some people are naturally good at making money. It seems to come easily to them. Others struggle to keep a steady balance in their bank account throughout their lives. And then there are those—more common than you might think—who climb the financial ladder only to fall back down because they didn't know how to preserve what they had. So this week on the podcast, I'm diving into the most common reasons why people who get rich don't stay rich. I'll share some recurring themes and pitfalls to avoid, along with stories and insights from my own experience watching people let wealth slip through their fingers—losing a lifestyle they could have easily maintained with better decisions.