Six major reasons why the contemporary “middle class” is rapidly falling back into poverty:

• Lending large amounts of money to relatives and friends and not getting them back.

• Impulsive investment in starting a business or opening a store resulted in heavy losses.

• I spent six wallets to buy a house, only to lose my job.

• Provide elite education for their children, spend huge sums of money, and even study abroad.

• You vouch for a relative or friend, but the other person runs away and you become the scapegoat.

• Don’t understand investment and financial management, but invest and purchase financial products indiscriminately.