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More Money, More Problems: When Your Debt Increases With Your Income

Entrepreneur John Rampton of California was thrilled when his salary went from $45,000 to $60,000 a year. How did he celebrate? He bought a BMW. “Every time I got a pay bump, I would find a reason to go spend it,” says Rampton, 32, from Palo Alto. “This same process happened for around three years.” Often when

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More Money, More Problems: When Your Debt Increases With Your Income Reviewed by on . Entrepreneur John Rampton of California was thrilled when his salary went from $45,000 to $60,000 a year. How did he celebrate? He bought a BMW. “Every time I g Entrepreneur John Rampton of California was thrilled when his salary went from $45,000 to $60,000 a year. How did he celebrate? He bought a BMW. “Every time I g Rating:
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