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Paychecks, Not Portfolios: Why Income is the Key to Financial Success

ofdollarsanddata.com · 1,169 words · saved by 1 readers

On the overwhelming importance of income in building wealth.

--> What’s the most important thing when it comes to building wealth? Is it what you invest in? Is it when you start ? How about your mindset? I’ve thought about this question a lot since I started blogging nearly 7 years ago. And, as time has passed, I’ve become increasingly convinced that the best predictor of whether someone is likely to build wealth is—their income. It’s not their asset allocation, their investment knowledge, or their financial goals that matter. Tell me someone’s income and that will tell me more about their ability to build wealth than just

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