Month: March 2023

Start Thy Purse to Fattening

One of the fundamental principles described in “The Richest Man in Babylon” is the importance of sparing and investing in the growth of one’s wealth. The book focuses on saving at least 10% of your income and investing systematically in profitable companies. ⭐ Saving at least 10% of your income is essential for building a solid financial foundation. This money can be used to pay debts, invest in profitable ventures, or save for future expenses. In addition, continued investment in profitable businesses is critical to the growth of your wealth over time. This could include investing in stocks, real...

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