Why won’t salary earners ever be wealthy?
I have a doctor friend who is wealthy. He is a salary earner. He is in his 50s and now he has several rental properties that add to his income.
I also know a programmer who works in California and he makes very good money with great benefits. He is a salary earner as well. He also invests his money in stocks to complement his income.
I know a guy who is wealthy in Hungary. He worked 10 years on cruise ships waiting tables. He saved all the money he made and bought properties for rent and opened a cafe and hired someone to manage it for him.
There are many salary earners who are wealthy because either they have chosen to study a profession that provides them a great income plus they are also very smart handling their own money or they are just excellent handling their own money.
All three of these people live modestly and they save and at the same time invest part of their incomes.
This financial discipline helps them accumulate great wealth over time.
Now let’s be clear. Most of these salary earners (except CEOs and V level executives) might never own their own private jets, but they will be able to accumulate enough to be very wealthy.
I have a doctor friend who is wealthy. He is a salary earner. He is in his 50s and now he has several rental properties that add to his income.
I also know a programmer who works in California and he makes very good money with great benefits. He is a salary earner as well. He also invests his money in stocks to complement his income.
I know a guy who is wealthy in Hungary. He worked 10 years on cruise ships waiting tables. He saved all the money he made and bought properties for rent and opened a cafe and hired someone to manage it for him.
There are many salary earners who are wealthy because either they have chosen to study a profession that provides them a great income plus they are also very smart handling their own money or they are just excellent handling their own money.
All three of these people live modestly and they save and at the same time invest part of their incomes.
This financial discipline helps them accumulate great wealth over time.
Now let’s be clear. Most of these salary earners (except CEOs and V level executives) might never own their own private jets, but they will be able to accumulate enough to be very wealthy.