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Forget Willpower: The Smartest Wealth Strategy Is Forced Saving

8/19/2025

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A common answer to the question of the best way to build wealth is owning your own business. It’s a great answer, because when it works, it supercharges your income, gives you equity in something scalable, and offers control over your financial destiny. In fact, the richest Americans ($100M+) typically hold greater than 50% of their wealth in business equity.¹

But here’s an interesting counterargument: The most effective wealth-building tools for everyday people are not always the most lucrative; they are the ones that consistently work.

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    Author

    Andrew Lancaster, CFP​​®

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    Behavioral Finance
    Building Wealth
    Financial Psychology
    Saving Strategies
    Spending Wisely

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