Another thing to avoid when you begin your quest to create significant wealth is bad money management skills and spending habits. If you do not learn how to manage your money, you will not be able to hold on to your wealth if you do succeed in creating it.
Living within your means is the key to creating wealth. Borrowing money to cover your wealth creation expenses is like moving in reverse. If you do not have the money on hand to pursue the venture you desire, patience is necessary to earn the money and then invest once you are financially ready.
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