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Avoiding unnecessary debt is a fundamental principle of wealthbuilding from "summary" of Hábitos para Ser Millonario by Brian Tracy,Harvard Business Review
One of the key principles of building wealth is recognizing the importance of avoiding unnecessary debt. Debt can be a significant obstacle to accumulating wealth, as it can drain your financial resources and limit your ability to invest and save for the future. By avoiding unnecessary debt, you can free up more of your income to put towards building wealth through investments and savings. Unnecessary debt can come in many forms, such as high-interest credit card debt, personal loans, or financing purchases that are beyond your means. When you accumulate unnecessary debt, you end up paying more in interest and fees, whic...
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