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What the other school of thoughts has mentioned are correct but also avoiding luxury there are individuals who earns less, but you find they are opting for luxury items.
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secondly let people be risk taker than risk averse because if you do not invest because you are fearing loses. this is part of the life, this help investors to learn where problem could have been and then come up with the better solution.
added by Anonymous 17 days ago
Wealth Management Strategies
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- Pay Yourself First, Prioritize saving and investing before spending. Allocate a portion of your income towards wealth-building activities.
- Leverage Compound Growth, Invest wisely and consistently to benefit from compound interest over time.
added by Anonymous 21 days ago
Study and always be ready to learn because things are not static there is always evolution or changes.. we must adapt to these changes to be able to catch up with the world and environment.
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added by Anonymous 28 days ago
Passion must be the driver of everything everyday as someone looks for riches.
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added by Anonymous 67 days ago
It cannot be copying advise of the rich but it requires one to learn and learn until they understand how to preserve wealth and do it as priority.
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added by Anonymous 71 days ago
Talk rich, think rich behave rich and make friends with the rich.
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added by Anonymous 72 days ago
Keeping money lies entirely on investment but must invest in what you believe in always!
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added by Anonymous 80 days ago
Yes, one needs to get a vacation once in a while, just relax your mind and enjoy your life. But you have to prepare in advance such that even when you are enjoying you are making making money in passive income.
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added by Anonymous 94 days ago
Hallo, thank you for the sharing. It's not easy to get ahead but education is key in that area one wants to excel.
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added by Anonymous 94 days ago
With wealth, one will need to ensure education, this helps to adopt to changes in the landscape of business and others
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added by Anonymous 95 days ago