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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: 1ļøā£ Wealth is what you donāt see. Itās not about flashy cars or luxury. True wealth is the money saved and invested. 2ļøā£ Behavior matters more than intelligence. Ronald wasnāt a financial expert; he was patient and disciplined. 3ļøā£ Compounding is key. Starting early and staying consistent helped his investments grow exponentially. 4ļøā£ Anyone can build wealth. Itās not about your income but your habits. Ronaldās life shows that financial success is more about mindset than money. Source- Psychology of Money
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š 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 š Want to level up in business? Read these 3 game-changing books: 1ļøā£ The Lean Startup ā Eric Ries š ā Learn how to start small, test ideas, and grow fast. 2ļøā£ Rich Dad Poor Dad ā Rober
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"The psychology of money" š (Book summary) Day 01 1. Wealth vs. Richness ā¢Definition: Housel distinguishes wealth as the assets you have that generate income, while richness refers to a high income or spending power. ā¢Living Below Your Means: True
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š” What if I tell you that you can master financial literacy & wealth building in a gamified way? š Introducing Financity ā India's first AI-powered financial education & money management platform! ā All income sources + step-by-step implementatio
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Finance Tip ā Day 4 *š¦ āDonāt save what is left after spending; spend what is left after saving.ā ā Warren Buffett Make saving a non-negotiable part of your monthly budget. ā Set up auto-debits to a savings/investment account right after your sala
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