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Millionaires Share Their Secrets to Financial Success! (2023 Edition)
Money Guy Show
The Relationship Between Income and Building Wealth
Starting early is key to achieving 7 figure status, but only 12% of millionaires have incomes under $100,000. Having a higher income makes it easier to build wealth, with 47% of millionaires earning between $200,000 and $500,000. While a high income is not a requirement, it does make the process easier. However, discipline, money, and time are the most important factors in building wealth.
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