7. Put Money Into Investments While In The Middle Class
Building up an investment portfolio that will carry you into retirement and eventually allow you to pass on wealth to your children is not something that happens overnight. It would be best if you planned to make regular investments so that you build up your portfolio over the decades.
Remember that investments are not the same as savings. A stock market downturn can cause you to lose significant amounts of money, as happened in 2008 and then again in 2020. Having liquid savings will help you weather those downturns and still be able to achieve your financial goals, like escaping the middle class.