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Earned income comes from what you "do for a living."
To ensure that you save enough money, your wants should not exceed your budget.
Assess your situation. Build an investment policy statement that will provide general investment goals and objectives.
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Know your income, your expenses, how much is earmarked for additional expenses and how much for other f...
Learn how to spend on the things that matter to you.
Consider your values and priorities when you draw up your spending plan. If going on vacation or giving to a charity is important to you, include those items in your spending plan.
Pay down your high-interest debt as quickly as possible.
While some types of low-interest or tax-deductible debt can help you along the way, high-interest debt rarely has a good purpose.
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Self-made millionaires choose moderation over extremes. They often buy used cars, don't live in the most expensive houses and don't try to time the investment market.
A defining characteristic of many millionaires are their willingness to work hard and stick it out in high-paying careers until they are financially independent.
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Investing is about laying out cash or assets now, in the hope of more cash or assets returning to you tomorrow, or next year, or next decade.
Most of the time, this is best achieved th...
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