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This shows that starting earlier makes becoming a millionaire easier since you’re able to make smaller contributions.
But dont feel demotivated by such big numbers at any age.
He first suggestednegotiating a higher salaryafter researching market rates for your skills.
First, he advised not spending more than 28% of your before-tax pay on total housing costs.
Additionally, they can have high hidden costs.
Some cost-cutting tips includebuying used, considering public transport and keeping your car rather than upgrading.
Renting is often cheaper in many cities, and homes have hidden costs that add up.
Ultimately, he said, you oughta decide what a rich life looks like to you.
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