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insights from The Millionaire Next Door 📘

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How to Avoid Debt and Get Rid of Debt

If you have high interest credit card debt, it is going to be hard to save or invest your way out of there. If you buy a three year old used car with 30,000 kilometers on it, you're going to be better off than buying a brand new car and having it depreciate. Keep your lifestyle simple. Avoid debt as much as possible.

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