Sterling Terrell

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Saving 40 Percent

Saving 40 Percent

Maybe wealth is as easy as saving 40 percent of your gross?

And of course, by saving, I mean investing.

This echos some of the ideas by Naval Ravikant and Donald Miller.

Three main points in all this:

  • Do not buy liabilities that require a monthly expenditure.
  • Only buy assets that generate a monthly income.
  • For significant change, leverage is needed.

Honestly, saving 40 percent of profit is not a bad idea for a business either…

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Filed Under: Not BooksTagged With: #Investing, #Wealth

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