The Spend-Overspend-Struggle Cycle Is Draining Americans Dry

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Kevin O’Leary’s latest financial wake-up call cuts deeper than many of his Shark Tank rejections. The outspoken investor says many Americans are trapped in a relentless cycle: spend what they earn, overspend to keep up, then struggle to recover. In an article from TheStreet, O’Leary warns that this pattern makes saving for retirement nearly impossible, and many people do not even realize how bad…

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