Wealth is not measured by how you Earn but appraised by how you Save.
It is very important to sort out any household and personal debt and expenditure. Rainy day savings is a must regardless of your stage in life. A financial guru always once told me that we should have saved at least one years salary before 35 and double that before 40. At retirement we need at least 8 times our salary in savings before 60. It is not an easy journey but many people have quietly done so. They are known as ‘Rich People’. Rich means on how much they have saved and not how much they have earned.
Poor Person = $1,500,000 (income) – $2,000,000 (expenditure) = Debt
Rich Person = $40,000 (income) – $20,000 (expenditure) = Financial Freedom