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Tips to Increase Wealth

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Questions and Answers

What is the recommended saving percentage from your earnings to become richer?

40%

30%

10%

20% (correct)

Why is it advised to avoid impulse buying to become richer?

To follow trends

To impress others

To control expenditures (correct)

To get a discount

What is suggested as a way to make your money multiply?

Spend lavishly

Buy unnecessary things

Invest in business (correct)

Don't save money

Why is careful study needed when deciding where to invest your money?

To be curious and ask for expert advice (C) Signup and view all the answers

Why is owning a house and lot considered better than renting?

It allows for productive use of the property (C) Signup and view all the answers

What is a recommended step for ensuring a future income according to the text?

Having a retirement plan (A) Signup and view all the answers

Tips to Increase Wealth

Choose a study mode

Podcast

Questions and Answers

What is the recommended saving percentage from your earnings to become richer?

Why is it advised to avoid impulse buying to become richer?

What is suggested as a way to make your money multiply?

Why is careful study needed when deciding where to invest your money?

Why is owning a house and lot considered better than renting?

What is a recommended step for ensuring a future income according to the text?

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