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Here are the three key places where your money is likely going that may behindering your wealth-building.
Housing costs are often the single largest expense for most people.
Nischay Rawal, CPA and founder ofNR Tax & Consulting, agreed.
My clients have saved thousands by refinancing mortgages at lower rates or downsizing to less expensive homes.
David P. Fritch, CPA, owner ofElite Tax Strategy Solutions, observed the same with his clients.
He added, Paying off high-interest debts like credit cards provides an immediate return on investment.
Small, consistent actions accumulate over time.
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