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It is possible to wind up broke even if you make millions of dollars (T/F)

User Kenyetta
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Final answer:

True, it is possible to wind up broke even if you make millions of dollars due to poor financial management.

Step-by-step explanation:

True, it is possible to wind up broke even if you make millions of dollars. Accumulating wealth requires prudent financial management, including saving and investing wisely.

While making millions of dollars can provide a good starting point, careless spending or poor investment decisions can lead to financial ruin. It is important to develop good financial habits and have a diversified financial plan to ensure long-term financial security.

User Parreirat
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