They understand the importance of financial independence from "summary" of Everyday Millionaires by Chris Hogan
In order to become a millionaire, one must possess a deep understanding of the significance of financial independence. This is a concept that is ingrained in the minds of those who have achieved great wealth. These individuals have a clear understanding of the importance of taking control of their finances and not relying on others for their financial well-being. They realize that true independence comes from being able to make their own decisions and not being beholden to anyone else for their financial security.
One of the key aspects of financial independence is the ability to live below one's means. This means not spending more than one earns and being able to save and invest for the future. Millionaires understand the importance of saving and investing their money wisely, rather than succumbing to the temptation to spend it all on material possessions. By living below their means, ...
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