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It’s essential to identify what truly matters to you. Rather than following a traditional path that may not align with your desires, determine the aspects of life you want to prioritize. This includes contemplating if homeownership is genuinely an aspiration versus societal pressure.
Step 3: Automate Your Finances
Automating expenses like savings and investments can streamline the wealth-building process. Setting up automatic transfers to various accounts ensures that a portion of your income is immediately allocated towards savings and investments. This system can optimize your financial management and reduce decision fatigue.