Financial Education #48: Being Rich vs Being Wealthy

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Bring wealthy does not mean you have to be rich and being rich does not mean you are wealthy.

Riches would be having a large income. However, what frequently follows this, is having large expenses.

If your income suddenly stopped, how long would you be able to maintain your lifestyle? Wealth is the ability to maintain your lifestyle for a long period of time If your income stream turns off.


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Financial Education #48: Being Rich vs Being Wealthy | Ecency