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Such steps can help you free up money to invest or build up equity from your assets.
Here are the five counterintuitivemoney moves shes making to become a multimillionaire.
However, buying requires giving up flexibility and comes withlarge upfront and ongoing expenses.
To Daniels, buying doesnt make financial sense right now compared with paying her $3,000 monthly rent.
However, deciding to pay off debt versus pursuing other financial goals requires careful consideration.
Daniels mentioned she doesnt pay off her low-interest debt, which has a 3.54% rate.
Instead, she makes her monthly payments and uses extra cash for investments.
If those investments earn more than 3.54%, she can come out ahead.
Unfortunately, this status symbol will often leave you with a large monthly payment and reduced opportunities.
Daniels spends thousands per month on coaches who have had a positive impact on her finances and personal life.
Coaches have been the fast track for these progresses in my life (even inmy love life!)
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