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However, it can also bring stress to those who arent prepared.
The National Retail Federation reports that Americans spent $875 on holiday expenses in 2023.
Heres what you should know to budget like the rich during theholiday season.
Budgeting can help you become the financial minority.
The Wrong Way To Budget
Keeping a budget is essential for improving your finances.
However, simply tracking your expenses doesnt guarantee financial improvements.
Kiyosaki points out that thissaving-to-spend-more budgeting modelisnt going to amount to long-term gains.
For this budgeting model, you must regularly put your income into assets that create passive income streams.
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