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Building wealth is a journey that requires persistence and resilience from "summary" of The Millionaire Next Door by Thomas J. Stanley,William D. Danko
Building wealth is not a quick fix or a one-time event. It is a long-term process that requires dedication and hard work. The journey to wealth is not always easy, and there will be obstacles along the way. However, those who are persistent and resilient are more likely to succeed in building wealth over time. Persistence is key when it comes to building wealth. It requires discipline and determination to save and invest consistently over the years. Many millionaires mentioned in the book did not inherit their wealth or come into sudden riches; rather, they built their wealth gradually through consistent saving and investing. Resilience is also crucial in the journey to wealth. There will be setbacks and challenges along the way, but those who are able to bounce back from these obstacles are more likely to achieve financial success. It is important to stay focused on long-term goals and not be discouraged by short-term setbacks. Building wealth is a marathon, not a sprint. It takes time to accumulate wealth, and it requires patience and perseverance. Those who are able to stay the course and remain committed to their financial goals are more likely to achieve financial independence and security in the long run.- Building wealth is a journey that requires persistence and resilience. It is not always easy, but with dedication and hard work, it is possible to achieve financial success over time. Those who are able to stay focused on their goals and overcome obstacles are more likely to build wealth and achieve financial independence.
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