Rich people

This is a prime example of what happens with a lot of people who I've spoke with. The main and only reason for this is usually mismanagement of funds, buying liabilities using credit cards and taking out loans. Not buying assets often enough and not taking advantage of compound interest...

For example: Buying a new car that requires you to take out a loan. Then buying things using credit card when you dont have a way to pay off the debt by the end of the month leading you to paying interest. Paying of the lowest interest rate debts off first instead of paying ones that should be higher priority. Subscriptions also tend to kill the salery.

I personally found dividing up my monthly pay into days very helpful for example: if I earned 4k I would divide it up into 200 dollars x 20 days in a working month. Then I would calculate how many days do I need to work to pay my expenses (food, electricity, rent, subscriptions and so on)
In my case I lived with my friends so rent my expenses where very low. only about 1/20 of my wage or 2 days work. Everything else was spent on education and investments.
I also had 1 days wage set aside for having fun ( going to cinema, gym, eating out, or buying things I wanted)

if you haven't done so already make sure you know your expenses and have a budget plan to cover them from most expensive to least.

But I will say this. The following has become an escape clause for the rich:
"The love of money is the root of all evil".
Who doesnt love money. You mean you love poverty? Come on.
Money enables me to own the phone I'm typing on. I guess you could say that not owning a phone is the measure of being poor.
In my life, money went to my head. When i had it I surely didnt need God. I was too busy planning my next overseas vacation or dreaming about my next car upgrade.
Having less money and getting old has hastened my search for God. God was looking for me all the time but I didnt know that.
Wealth separates me from God. It makes me complacent and arrogant and status conscious. Having little money makes me frugal and closer to the Spirit. Just more appreciative. For me then, money is the root of all evil. I dont hate rich people. Maybe they learnt how to be humble with money. I never learnt the knack.

The meaning of "rich" is always about perspective. I've been considered "rich" just because I have a full-time job by my student or housewife friends. Money is always a sticky issue with friends.

My church is downtown of a major city so there is a big range of wealth represented there, from poor on benefits to wealthy who own large homes. There is Section 8 housing nearby, and we have a ministry with inner city youth...so really all types of backgrounds represented at my church. Also a university area. Obviously you can tell that the wealthy are privileged. But, at the end of the day no one really cares how much money each of us has.

If money causes you to make immoral decisions, that's when you know you love money over God. For example, making a poor person feel bad about having no money/being boastful, or if you are cheating people out of their money, etc. However, if you have a lot of money but living morally, I think nothing wrong with that.

I agree that love of money is the root of all evil and might as well be allota money the root of all evil.

Also, often government agencies engage in what’s called “Washington monumenting...” that is to deliberately create perceived budget shortfalls in the most visible and inconvenient ways possible in an effort to overcome public opposition to increased government funding. This may be an example of that.

Money/wealth is not the root of all evil, the love of it is because greed is idolatry. Idolatry is adultery against God.
The second commandment Exodus 20:33You shall have no other gods before Me. 4You shall not make for yourself an idol of any kind, or an image of anything in the heavens above, the earth below, or the waters under the earth. 5You shall not bow down to them or worship them; for I, the LORD your God, am a jealous God,...

Anyone in a developed country is rich.

I don't agree with any of the assumptions about rich people necessarily. I believe there is abundance and everyone is able to receive it. It's not one has it, so one does not. Rather it's sin and specific evil doers that suppress others.