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Build Wealth Slowly 2: Make Sound Financial Decisions Over a Long Time
Paperback
Series: Diverse Entrepreneurs, Book 171
Publisher: Independently Published
Published: Aug 10 2024
Pages: 70
Weight: 0.31
Height: 0.18 Width: 6.00 Depth: 9.00
Language: English
What's the rush? Why does everyone want to become rich in their 20s? The truth is that we need to build wealth slowly over time, which gives us the best chance at holding on to it.
What is wealth? Wealth is having excess income versus expenses. You become wealthy when you have excess passive income versus expenses.
We don't want to go to work; we want our money to come in passively. We want enough passive income to cover all our expenses, emergencies, and investments.
That's right. We want to keep investing in our portfolio of assets even when we don't work. This ensures our cycle of cash flow never ends, and we stay wealthy. Good Luck!
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