For example, they re paying 40/month for their smartphone contracts, and then they are surprised, that they have no money.
If you are paying more than 10 per month for your phone, well then you are one of them.
Phone contract expenses are not the worst, there are people who complains about not having money while spending 200/month on cigarettes...If you are paying more than 10 per month for your phone, well then you are one of them.
Never smoked before I was a millionaire, not even once (except in the army when I once got two free cigs).
...but NOW my phone contract is 50+ and 500-1000/month go to cigars, plus the car is 1000+ and then the castle expenses
I think it all boils down to the understanding of cash flow and exponential function.