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Successful individuals prioritize saving and investing from "summary" of The Millionaire Next Door by Thomas J. Stanley,William D. Danko
Successful individuals prioritize saving and investing. They understand the importance of consistently setting aside a portion of their income for the future. These individuals are disciplined in their approach to saving, making it a priority even amidst other financial obligations. They do not succumb to the temptation of spending all their earnings, recognizing that saving is essential for long-term financial security. Moreover, successful individuals not only save but also invest wisely. They understand the power of compound interest and the potential for their money to grow over time. By investing in a diversified portfolio, they mitigate risk and maximize returns. They seek out opportunities to grow their wea...
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