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Automate your savings and investments from "summary" of 8 caminhos que levam à riqueza by Pablo Marçal
To build wealth, it is essential to establish a system that automates your savings and investments. By setting up automatic transfers from your checking account to your savings or investment accounts, you ensure that a portion of your income is consistently being put away for the future. This way, you remove the temptation to spend that money on unnecessary expenses and instead make it a priority to build your financial security. Automating your savings and investments also helps you take advantage of the power of compound interest. By consistently investing a portion of your income over time, your money has the opportunity to grow exponentially. This means that even small contributions made regularly can turn into significant wealth over the long term. Fu...
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