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Avoid unnecessary debt that can hinder your financial growth from "summary" of A Sabedoria do Dinheiro by Roberto Navarro
Debt can be a double-edged sword in our financial lives. On one hand, it can provide us with the means to acquire assets that we might not be able to afford otherwise. On the other hand, it can also become a burden that hinders our financial growth and stability. It is important to distinguish between necessary and unnecessary debt in order to make informed decisions about our finances. Unnecessary debt is often the result of impulsive or unwise spending habits. It can include things like luxury purchases, expensive vacations, or overspending on non-essential items. While it may provide us with temporary pleasure or satisfaction, it can ultimately lead to long-term financial stress and hardship. By avoiding unnecessary debt, we can free up more of our income to invest in assets that will appreciate over time and contribute to our long-term financial growth. When we take on unnecessary debt, we are e...
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