6 ways to get richer without cutting out your daily coffee
- Financial expert and bestselling author Ramit Sethi encourages people to focus on "big wins" to build wealth.
- Sethi says increasing your income, automating your savings, investing consistently, and maintaining a good credit score will have a much greater impact on your money than skipping your morning coffee would.
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Spending less than you make may be the golden money rule - but it's not the only rule.
While it's important to cut your spending "mercilessly" on the things that don't add value to your life, says financial expert and bestselling author Ramit Sethi, people who are good with money know that $2 here and $10 there won't make you rich."There are a few Big Wins in life where - if you simply get them right - you almost never have to worry about the small things. If you can focus on the 5-10 Big Wins, rather than 50 little things, you can have an insurmountable edge in life," Sethi wrote in a blog post.
Here are a few of Sethi's favorite "big wins" that can set you up for a rich future: