Re:What do the wealthiest know that others don't?
by imtringued on Friday July 15, 2016 @10:03AM
(#12100987)
Spend less than you earn
Set some cash aside
Invest the difference
Honestly this is all it boils down to.
Having a higher income does make it faster to accumulate wealth but even the "poor" can accumulate considerable wealth over very long periods of time (think 30 years) if they are willing to sacrifice their standard of living.
Honestly this is all it boils down to.
Having a higher income does make it faster to accumulate wealth but even the "poor" can accumulate considerable wealth over very long periods of time (think 30 years) if they are willing to sacrifice their standard of living.