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Our economic system is designed to make investors rich, he explained in a recentYouTube video.
Heres Singhs five-step blueprint for building wealth, plus one mistake to avoid.
Earn Money
Singhs strategy begins with earning money.
Dont Overspend
The second step is to keep what you earn.
Dont spend all your money, he stated.
You want to spend as little as possible if youre starting your wealth journey.
Buy Assets
Next, with the money youve saved by not spending unnecessarily, buy assets.
These are things that you purchase for the sole reason of making money, Singh explained.
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