Save and Invest
You’ll only build wealth if you save a reasonable percentage of those earnings.
- If your employer offers a 401(k) plan, increase your contribution.
- Automatically send a portion of your money to your savings or investment accounts before you can spend it.
- Purchase a home instead of renting. You'll get your house payments back in the form of equity.
- Pay off anything you owe to avoid paying interest.
- Maximize the interest earned on your savings.
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"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves
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