law of association

Does The Law of Association Impact Your Finances?

It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.

Warren Buffet

One of the most basic things to consider when managing your money is the Law of Association. Although this doesn’t seem to be linked to your finances in any way, it can impact both your income and spending tremendously.
First, let’s take a step back; what is the Law of Association exactly?

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