How Americans Get Rich - Action Principles

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Invest In Your Future

    Regardless of their annual income, average people spend every dime with nothing reserved for retirement. They hope that their companies or the government will take care of them in their old age. Average people think in terms of immediate gratification, wanting what they want now.

   A self-reliant person thinks differently. They are forward thinkers. They realize the time value of money and how sound investments made today can have a compounding return tomorrow.

   Average people typically work forty hours a week and feel satisfied and exhausted. Self-reliant workers typically work fifty hours a week and use the extra twenty percent in income to invest in a mutual fund or real estate or in their own businesses.

   The rewards of hard work and investing can be powerful. Average workers without investments may have to work until the day they die. In marked contrast, self-reliant workers may be in a comfortable financial position to retire in only a few decades.

   Average people will wonder, but too late, how the self-reliant accomplished what they did. They will assume it was through inheritance or luck and they would be wrong.

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