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RE: LeoThread 2024-12-07 11:02

in LeoFinance10 months ago

Part 5/11:

The traditional thought pattern equates money with a paycheck derived from a job. This narrow viewpoint relegates education to a mere means of securing employment rather than understanding the broader financial landscape. The expectation is that hard work alone will yield wealth, but many discover too late that this is a fallacy.

Consider this: earning $20 an hour for forty hours a week would take nearly twenty-four years to reach one million dollars before taxes and living expenses are accounted for. That’s if you manage to resist inflation's erosive effects on your savings. Such an outlook suggests that chasing the conventional job-and-save pathway perpetuates a cycle of financial stagnation.