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THE PSYCHOLOGY OF MONEY - Commented Book

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3 Ways to Survive Reality

A plan is only useful if it can survive reality, and a future filled with unknowns is everyone's reality. The more you need specific elements of a plan to be true, the more fragile your financial life becomes. If there's enough room for error in your savings rate that you can say it'd be great if the market returns 8% a year over the next 30 years, I'll still be okay.

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