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GeoPulse : Learn how to take control of your money with smart personal finance strategies, simple investing tips, and daily money hacks. In this video, we break down today’s financial news and give you practical steps to grow wealth, save smarter, and invest wisely.

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Transcript
00:00When it comes to spending, most millionaires tend to spend less than what the average person does
00:05and that gives them that much more to invest the difference. For example, the average millionaire
00:09will spend $412 a month on groceries versus the average American family which will spend $647 a
00:16month. That means non-millionaires will spend over 50% more on food than millionaires. Also,
00:2275% of millionaires never carried a credit card balance in their life. They were also found to
00:28spend less on going out to eat. The average American family, for example, spends $280 a month on
00:34restaurants while the average millionaire spends $267 and with coupons, the average goes down to
00:40$222 a month. That's probably because they don't shop at Whole Foods and they don't buy organic food
00:46because it's all a lie designed to get your money.
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