You hear people talk a lot about retiring. Most of them will tell you that they are “saving for retirementâ€. It’s funny to me that more people don’t talk about net worth in the same sentences that they are talking about saving for retirement. It’s impossible for someone to know that they are headed in the right direction for retirement if they don’t know where
Imagine a society where everyone makes enough money every month to pay all their bills and they even have some cash left over. Gone would be the endless fights between husband and wife over which bills to pay, which child they should buy shoes for, which financial crisis to address first. Couples would have to figure out something else to fight about every evening after
I used to think that everyone who had a lot of “stuff†were way better off than I was. You know those people. We all live near them. It wasn’t until I read a book called “The Millionaire Next Door†that I realized how wrong that assumption is. If you haven’t read this book, it should be the very first book you read about money.