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From Janitor to millionaire The Inspiring Story of Ronald James Ronald James, a janitor, left behind $8 million at his death. How did he do it? Simple habits: saving consistently, living below his means, and letting compound interest work its magic. His story, highlighted in The Psychology of Money by Morgan Housel, teaches us powerful lessons: 1️⃣ Wealth is what you don’t see. It’s not about flashy cars or luxury. True wealth is the money saved and invested. 2️⃣ Behavior matters more than intelligence. Ronald wasn’t a financial expert; he was patient and disciplined. 3️⃣ Compounding is key. Starting early and staying consistent helped his investments grow exponentially. 4️⃣ Anyone can build wealth. It’s not about your income but your habits. Ronald’s life shows that financial success is more about mindset than money. Source- Psychology of Money
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📉 The Fall of Richard Fuscone: A Lesson in Financial Risk Richard Fuscone, a former Vice Chairman at Merrill Lynch and Harvard graduate, was once celebrated for his brilliance in investment banking. However, his story is a cautionary tale of financ
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Business Tips #12 Top 3 Books Every Business Owner Should Read 📚 Want to level up in business? Read these 3 game-changing books: 1️⃣ The Lean Startup – Eric Ries 📖 → Learn how to start small, test ideas, and grow fast. 2️⃣ Rich Dad Poor Dad – Rober
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"The psychology of money" 🌟 (Book summary) Day 01 1. Wealth vs. Richness •Definition: Housel distinguishes wealth as the assets you have that generate income, while richness refers to a high income or spending power. •Living Below Your Means: True
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Finance Tip – Day 4 *🏦 “Don’t save what is left after spending; spend what is left after saving.” — Warren Buffett Make saving a non-negotiable part of your monthly budget. ✅ Set up auto-debits to a savings/investment account right after your sala
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The Role of a Good Teacher A good teacher isn’t just someone who delivers content from a textbook. They are the ones who see beyond the surface. They recognize that what lies beneath—the hidden potential—can be far more valuable than what is immedia
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