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3. Maintain a healthy cash reserve. The rich understand the importance of liquidity, or easy access to your money. A healthy cash reserve acts as a safety net for emergencies, allowing you to ...
Making money mistakes is often par for the course of becoming wealthy -- and yet, there are many financial traps the rich never fall for. "One common money trap that wealthy individuals avoid is...
For You: 6 Subtly Genius Moves All Wealthy People Make With Their Money. Rich people are very good at figuring out how to maximize their money (or hiring the right people to do so for them), be ...
The vast gulf between average and median net worth demonstrates that a relatively small number of ultra-wealthy people are skewing the numbers — which means that many of the people around you ...
Everyone would like to know how to become rich, yet many people make financial mistakes every day. What are the dumb things that get between you and wealth?
Here are five ways wealthy people lose their money and how you can avoid it. Unnecessary Expenses More money can only mean more problems for some people, mainly if they are prone to overspending.
Rich people often invest in collectibles like artwork, rare coins, antique cars, wine, watches and other tangible items that bring the collector pleasure and could increase their wealth. There are ...
For high-net-worth people, neglecting to combine their millions of dollars in assets with good financial planning can spell trouble. And for folks with less money, the lesson is the same.