How to grow rich on very little money
Friday, August 21st, 2009How to grow rich on very little money
By: daniel
I’ve heard many people tell me that it is impossible for them to save money because they do not have any money to save after paying the cost of living. While this may seem true to most (or may even be true for some of us), the point is this: most people can save money. Here are a few examples where it is possible to save on an extremely limited income and possibly…over time grow quite rich
1 Think for example of a family of two who have a limited income but somehow manage each week to treat themselves to soda, cupcakes and chips each week. If you took the money they spent on the soda and the cakes and the chips and calculated how much it came out to and then calculated that in a fund that paid about 5% over a thirty year period, you would come out with a sum somewhere in the neighborhood of millions of dollars.
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