- Invest in and pappreciating assets. Avoid purchasing liabilities.
- Avoid conspicuous consumption. No one ever spent their way to financial freedom.
- Apply leverage to build wealth.
- Detach yourself from things and liabilities you don’t need. Liabilities are the reason you work so hard.
- Identify common money pitfalls. Soceity is designed to make you a consumer and for you to trade time for money.
- Know where all your money is going. Pay yourself first by saving and investing.
- Automate your finances and investments. Create a financial and wealth building plan.
- Be courageous and take risks. Wealth comes from doing what other people won’t. Make financial freedom you too goal.
- Increase your income and develop multiple streams.
- Be disciplined and develop good wealth building habits.
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