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6 Ways To Upgrade From A Budget Mentality To A Net Worth Mentality

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themindsjournal.com

Developing a net worth mentality can help you overcome typical middle class beliefs and experience financial independence.Most of us tend to believe that the path to financial success is based on our income and a smart monthly budget.

However, when we start living from one paycheck to another, we are simply struggling to barely manage our finances instead of growing them. This is why it is crucial that we develop the net worth mentality instead of the budget or paycheck mentality, when it comes to improving our personal finances.“A person with a budget mentality just focuses on increasing their income in order to increase their wealth.

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