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The habit of saving more
One mistake that most people do when they start earning more is allowing lifestyle creep. The ideal way to wealth is to let your expenses stay the same while your earnings increase, which in corollary would mean you create more savings, year on year. This should not also mean that you be thrifty to the extent of denying yourself necessities. Strike a balance.
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Earning more
Though earning more is obviously about making money, it's not a quick process or straightforward process. Most of the time a person who is on a long journey for wealth will need to spend time for knowledge.
Learn more to earn more - Darius Foroux
Also earnin...
155
1.06K reads
”Investing should be a permanent thing. Save, invest. Save, invest. Guessing at market tops, market bottoms – that is a complete loser’s game. I’ve never seen anyone win at it. The smartest investor in the world, Warren Buffett, would...
JAMIE DIMON, CEO OF JP MORGAN
179
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Think Rich
Becoming wealthy is not about earning more , though earning more might definitely help. Even if you don't earn a lot you could be on rhe path to wealth by having good financial habits
156
1.62K reads
The habit of investing more
Last but not the least , invest what you save.
Get the basics for investing right
- Have a emergency corpus
- Invest in real estate
- Max out your retirement accounts
- Invest in Gold
- Invest in Equity everything else remaining
It's important ...
178
1.15K reads
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The habit of earning more
It is natural to earn more over your lifetime. But a person can only earn more if they learn more. Further education enables an individual to provide more value.
Earning more is like a habit. Every year, we learn new skills and ways that will increase our ...
The habit of saving more
The key to the habit of saving is to save a bigger percentage the more you earn. When you start, you may only be able to save 10% of your income, but it is a mistake to commit to the same amount if you earn more.
However, it's a losing game to only focus on saving money. L...
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