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Richest Man in Babylon by George S. Clason | Audiobook Summary

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Principles to Consider When Choosing a Home Loan

It's common for people to borrow money even if they can't repay it. Secure a token or collateral that has equal or more value than the loan you're offering. Those with an honest, steady income are generally able to repay their loans by working. Be prudent with your financial commitments so you do not end up with a larger mortgage than you can afford.

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