Budget wisely to make the most of your earnings.
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These ideas, told through the story of Arkad (the richest man in Babylon), offer timeless financial wisdom. If you follow these principles, you can build long-term wealth and financial freedom.
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Similar ideas to 2. Control Your Expenses (Live Below Your Means
One mistake that most people do when they start earning more is allowing lifestyle creep. The ideal way to wealth is to let your expenses stay the same while your earnings increase, which in corollary would mean you create more savings, year on year. Th...
Take a hard look at how much you are spending day to day. Every time you spend money, write it down as it happens in a little notebook or log it into an app.
Alternatively, use the envelope method. Make an envelope for each of your non-fixed expenses, like groceries, clo...
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