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Earn, Save Or Invest: Which Matters Most In Building Wealth? | Nick Maggiulli

Wealthion - Be Financially Resilient

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Building Wealth: Developing the Earning Muscle

In this chapter, they discuss the concept of wealth building and compare it to physical fitness. They talk about the three main muscles in wealth building: the saving muscle, the investing muscle, and the earning muscle. They emphasize that the earning muscle is actually a subset of the savings muscle and that higher income is correlated with a higher savings rate. They also mention that once you focus on developing the earning muscle, it becomes much easier to save.

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