10 Reasons Why You Are Still Poor At 40

9. Loans And Debts

Do banks and financial institutions take up the larger percentage of your pay? This is probably why your pay day leaves you with a frown and a brand new wrinkle. Borrowing money constantly will not only drain your savings account, but also drain you as a person. It will enslave you. So if you keep pumping the borrowed money to previous loan repayments and projects it doesn’t bring you any returns.