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Real wealth is built through investments, not savings, and it's important to understand that there's more to putting money aside than just saving it for emergencies.
13:41 - 19:47 (06:05)
Summary
Real wealth is built through investments, not savings, and it's important to understand that there's more to putting money aside than just saving it for emergencies. Once an emergency savings goal is reached, it's time to start putting that extra money towards investments rather than wasting it on indulgences like designer clothes and luxury cars.