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eof | 3 years ago
People who cannot save money that they can invest into their own endeavors or others, very rarely get rich.
Of course it depends on what you mean by "rich." Most of forbes 500 does not get there through income. However, the large majority of self-made people in the 1M-10M networth range did it with initially earned income, which became saved income, and then invested that savings (either in themselves as an entrepreneur, or just in the public markets).
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