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Showing posts from July, 2018

The Formula: Spend less than you earn and invest the difference wisely

Summary : Building wealth and making progress toward financial freedom boils down to a single, simple formula that applies to everyone: Spend less than you earn and invest the difference wisely. Also, minimise debt and unnecessary tax. Your progress toward financial freedom is the inescapable mathematical result of how much your income exceeds your expenses and what you do with the surplus. Income, Expenses, Tax, Time, Debt and your average Investment Return Rate are the only factors that matter.