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the five foundations
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the five foundations
Save a $500 emergency fund.
This is important so you can have money stored up in case you have an emergency.
first foundation
stay out of debt
second foundation
get out and stay out of debt, it is important to stay out of debt so your never owing anyone anything
Pay cash for your car
It's important so that you don't end up still in debt when your car depreciates in value.
third foundation
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pay cash for college
fourth foundation
it is importent to pay for college entirely with cash, but you have to work hard to stay out of debt
Build wealth and give
Its important to give because you get positive feelings when you give and people like you better so you can take advantage of their obligation to be nice to you.
fith foundation
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