It's not about how much money you earn — it's about how much you keep
Even if you bring home a big paycheck, it doesn't mean you're building wealth. If you can barely pay your bills each month, aren't saving any money in a retirement plan, or are spending more than 30% of your income on housing, you're probably not saving enough money. Visit Business Insider's homepage for more stories. Earning a lot of money doesn't necessarily make you rich. After all, net worth is a much better indicator of true wealth than income.
Even if you bring home a big paycheck, it doesn't mean you're building wealth. If you can barely pay your bills each month, aren't saving any money in a retirement plan, or are spending more than 30% of your income on housing, you're probably not saving enough money. Visit Business Insider's homepage for more stories. Earning a lot of money doesn't necessarily make you rich. After all, net worth is a much better indicator of true wealth than income.
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