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Don't fall behind:

Finance charges, interest payments, getting discouraged about your finances... all problems that can occur if you let yourself fall behind. Whether it's bills, credit cards, or student loan payments, falling behind can be a very difficult problem to come back from. The more you have to pay out in charges, the less you will have to invest [link widoczny dla zalogowanych] in your future.
Set goals:
If you don't know where you are headed, how do you get there? In order to accumulate wealth you need a plan. Write out your goals, a way to achieve them, and you'll be on your way [link widoczny dla zalogowanych] to an early retirement.
Invest early:
The greatest thing you can do to build wealth is start early. Even if you can't invest much, start with what you can and let your money grow over time. As Albert Einstein said, "compound interest is the greatest mathematical discovery [link widoczny dla zalogowanych] of all time."
Invest in what you know:
Whether you are looking to invest in real estate, [link widoczny dla zalogowanych] stocks, or anything else, make sure you know how [link widoczny dla zalogowanych] the investment works. The great Warren Buffett was often [link widoczny dla zalogowanych] criticized for not [link widoczny dla zalogowanych] investing in technology during the dot-com boom. His answer [link widoczny dla zalogowanych] was simple. If you don't know the business model, what the company does on a day to day basis, or how it generates revenue now, and in the future, then stay away from it. This principle can be applied to all types of investing. Don't do what the crowd is doing:
When everyone is starting to get into an investment, that is generally when the smart investors are getting out. If everybody knows a stock is hot, or that their real estate market is booming, it generally indicates a bubble and that it's time [link widoczny dla zalogowanych] to cash out. Investors make money buying low and selling high. If an investment is hot and lots of money is [link widoczny dla zalogowanych] flowing into it, you can't buy low.
Don't try get rich quick schemes:
Don't get greedy. This is easier said then done, but don't try to gain [link widoczny dla zalogowanych] too much too fast. Building wealth takes time and hard work... there is no easy way to get rich. Save more:
This is another one that sounds pretty basic, but can be difficult to achieve. Often times people want the instant gratification and go out and treat themselves. If you have some money burning a hole in your pocket at the end of the month, [link widoczny dla zalogowanych] save it. Think about how nice it will be when that money is working for you rather than heading out shopping.
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