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As it turns out, theyre exceptionally good at saving.
In fact, many of their financial decisions are genius strategies for creating lastingwealth.
Below experts outline some of the ways theyre able to save tons of money.
A well-known wealth guru also revealed several ways the rich make money.
This level of planning reflects their focus on building sustainable wealth rather than chasing short-term gains, Mueller added.
The expert noted many also take full advantage of rewards programs tied to credit cards or memberships.
Ive seen clients use travel rewards or cashback bonuses in ways that significantly offset their expenses, Mueller explained.
For example, routine home maintenance can prevent expensive structural issues down the road.
These small, consistent actions create a strong foundation for long-term financial success, Mueller noted.
Automating Savings and Investments
Another genius approach, according to Shahnazari, is automating savings and investments.
These strategies exemplify how the wealthy approach saving with intention and foresight, Shahnazari explained.
Smart financial habits are not just about saving; they involve making intentional choices that lead to lasting wealth.
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