Leo is arguably the flashiest zodiac sign, right up there with their fiery Sagittarius counterparts. Being a fire sign, they like to exude confidence, and part of the way they do that is through their clothing, nice homes, and flashy cars.
Sometimes it is due to a lack of confidence or wanting to fit in that Leos do this, and it can cause them to go into a lot of debt. Leos are very sociable. They love to be around other people, and it costs money to go out and be around other people. Sometimes they just want to have fun and go on a nice vacation that they can’t necessarily afford. It is the karma they were born into to have an inclination towards loving luxury items and to also just be extremely sociable.
Not all Leos feel the need to live the flashy life—some are more drawn towards the arts, and in those situations, the Leo is typically very much dedicated to their craft, to the point where their finances can suffer. In either scenario, Leos are typically not doing as well financially as they may appear to be.
Leos would do well to begin a habit of keeping track of their finances, because if they don’t nip it in the bud, it can have disastrous consequences that can impact them for life. If you have a Leo child, I would recommend teaching them about managing money from a young age, because their tendency for spending a lot can cause them to get into bad situations later in life where they are dependent upon another person for their money or even having to declare bankruptcy.
Leos are not as grounded and practical as other signs, like earth signs, and their confident and fiery nature can actually allow them to manifest high-paying and powerful positions. If they can snag a secure and high-paying position, then they might not have to worry too much about the spending, because then they can afford it. However, if they can’t, then they might be destined for a life of money issues.