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From High School Dropout To $952 Million At 33
My First Million
The Importance of Investing Time in Managing Your Biggest Expense
The biggest expense for individuals is usually taxes, with various types of taxes such as business tax, personal tax, investment tax, and capital gains tax. Spending time managing this expense is crucial, even dedicating 10% of the year to it, as it can compound and affect finances in the long run. It is recommended to invest time and resources in managing taxes to secure financial stability and ensure that the mind is in the right place. Seeking coaching, therapy, a good morning routine, or joining groups like CEO meetings can be beneficial for maintaining mental well-being and making informed financial decisions, despite the investment required, which often pays off immediately.
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