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[quote=Anonymous]It is very difficult to build wealth as a wage earner. You need to have passive income from your own business, rental properties, or other investments to build wealth (more quickly and efficiently). W-2 earners pay a lot in taxes as a % of their income. That said, regardless of your source of income, always live below your means, don't dip into principal, and pay yourself first, as other PPs have mentioned. [/quote]
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