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The point about investments and assets working for you is crucial. Wealth grows when you put your money into assets that appreciate, rather than simply relying on labor. Itโs about using resources efficiently, whether time or capital, to create long-term growth
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๐ผ Why the Rich are Rich ๐ผ Itโs not just about looking wealthy itโs about the mindset and strategies that make a lasting difference. ๐ก Here are some principles that set successful people apart 1๏ธโฃ Skills & Strategies - True wealth comes from hav
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Day 5 About Basic Finance and Accounting Concepts Here's Some New Concepts An asset is anything that an individual, company, or government owns that holds value and can generate future benefits. Assets are essential components in financial accounti
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Wealth isnโt about money or statusโitโs about owning assets that work for you. Build specific knowledge that feels like play to you but is valuable to others. Partner with intelligent, energetic, and ethical people. Learn to sell and buildโmaster bot
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Day 6 About Basic Finance and Accounting Concepts Here's Some New Concepts 3. Tangible Assets Physical assets that have a physical form and can be touched. Examples: machinery, real estate, vehicles, inventory, and office supplies. 4. Intangibl
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๐ DAILY BOOK SUMMARIES ๐ ๐ DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE โ https://drive.google.com/file/d/1xXOQOH7ecNfgQCbZN0-2tRu7QsaSNxfJ/view?usp=drivesdk ๐ฅThe Millionaire Next Door ๐ฅ ๐ 25 Lessons By ๐ โจThomas J. Stanley and William D. D
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Why the Rich Stay Rich ๐ฐ ๐ผ Invest in assets, not just income. ๐ Leverage debt smartly. ๐ Review finances daily. ๐ Never stop learning and adapting. ๐ก Diversify with multiple income streams. ๐ฏ Set clear financial goals and plans. Wealth isn't
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The Power of Compounding: How Small Investments Create Wealth Compounding is often called the eighth wonder of the world. Itโs the process where your money grows not just on the initial investment but also on the returns generated over time. Imagin
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