Wealth = (Primary Income Source: Job) + (Wealth Accelerator: Market Investments)
When in the Slowlane, you mindlessly trade your life for a paycheck.
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An excellent book on how to create insane wealth and live a great life. M. J. Demarco shares the secret to becoming a millionaire at any age. And it is not the kind of advice you receive from financial gurus, parents, or friends.
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Losing your primary source of income is the worst effect since jobs are increasingly hard to find in a recession.
That is why it's essential to have a few months' salary in cash as an emergency fund.
By making wealth your priority now, you could be both later. Establish a strong financial foundation that will give you financial security and peace of mind moving forward.
Living paycheck to paycheck is a guaranteed way not to build wealth.
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