5 Money Habits To Survive and Thrive in These Tough Times

When it comes to building wealth and getting wealthy, our money habits have a profound effect.

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They literally control – sometimes unconsciously, how we operate each and every day.

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For example, our habits control when we go to bed and get up, the route we take on our commute to work, the path we follow to get to our desks, our lunchtime routine, etc.

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Building wealth takes time. For most of us, wealth is built over years of making good decisions and investing in appreciating assets.

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And, the healthier our habits are, the easier it will be to create a process that keeps us moving forward and making money.

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5 Money Habits To Build Serious Wealth

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Habit #1: Invest in Appreciating Assets

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This might sound counterintuitive, but it’s true: saving money doesn’t build wealth. Even if we save money in an interest-bearing savings account, our money probably isn’t keeping up with inflation.

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Saving money for a rainy day is smart, but it’s not how most of us build serious wealth.

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It’s investing that makes people wealthy. Examples include: – Stock market – Real estate (property or homes) – Businesses – Alternative investments

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Habit #2: Eliminate Debts

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