• PM_Your_Nudes_Please@lemmy.world
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    7 months ago

    There’s a reason self-made millionaires all agree that the first million is the hardest. Making money is much easier when you’re living on interest and dividends from your existing cash. At a certain point, things reach a critical mass and you begin growing wealth without even trying, simply because interest, stocks, dividends, etc are growing faster than you can reasonably spend it.