Build wealth over time from "summary" of You Need a Budget by Jesse Mecham
The concept of building wealth over time is not a new one. In fact, it's something that has been practiced for centuries by those who understand the power of delayed gratification. By consistently saving and investing a portion of your income, you can slowly but surely build up your net worth over the long term. One of the key aspects of building wealth over time is the importance of starting early. The sooner you begin saving and investing, the more time your money will have to grow through the power of compound interest. This means that even small contributions made early on can have a significant impact on your overall wealth in the future. Another important factor in building wealth over time is consistency. It's not enough to save or invest sporadically; you need to make it a habit and prioritize it in y...
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