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re: Perfect Annual Salary?
Posted on 7/29/13 at 2:23 pm to Cold Cous Cous
Posted on 7/29/13 at 2:23 pm to Cold Cous Cous
quote:
Years ago I read a poll where they asked people what salary they'd have to make to consider themselves "rich," and people almost universally gave a number about twice what they were currently making.
Anyone that associates yearly income from salary with being "rich" doesn't have a clue how to accumulate wealth.
2
Posted on 7/29/13 at 3:38 pm to VABuckeye
quote:
Anyone that associates yearly income from salary with being "rich" doesn't have a clue how to accumulate wealth.
Aaand bingo
Posted on 7/29/13 at 3:42 pm to VABuckeye
quote:
Anyone that associates yearly income from salary with being "rich" doesn't have a clue how to accumulate wealth.
There seems to be only a small correlation between how much a person earns and their ability to manage and invest the money. Many people that made less than 100K/year for their entire working life retire with several million while others that earned hundreds of thousands per year arrive at what would have been their retirement years with only debt.
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