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1CHARTERED ACCOUNTANTS MR. VITAL C. PUNMIYACONTACT US Email:vimalpunmiya@gmail. Cromwell AND NOMINATION BY CA VITAL PUNMIYAWE ALL KNOW HOW TO CREATE WEALTH, HOW TO MANAGE WEALTH, NOW WE LEARN HOW
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Set financial goals
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Create a budget and stick to it
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Invest in diverse assets
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Save and invest consistently
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Control and reduce debt
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Educate yourself about finance and investing
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Building wealth refers to the accumulation of assets, investments, and savings over time to increase one's net worth.
Individuals who want to improve their financial situation and work towards long-term financial security should be focusing on building wealth.
One can build wealth by setting financial goals, creating a budget, saving and investing wisely, and constantly working towards increasing income and decreasing expenses.
The purpose of building wealth is to achieve financial freedom, security, and the ability to pursue personal goals and aspirations without financial limitations.
Information such as income, expenses, assets, debts, investments, savings, and financial goals should be reported in the process of building wealth.
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