THE PSYCHOLOGY OF MONEY

Building wealth has little to do with your income or investment returns and more to do with your savings rate. The value of wealth is relative to what you need. A high savings rate means having lower expenses than you otherwise could, and having lower expenses means your savings ...

• It's simple, but easy to overlook is that building wealth has little to do with your income or investment returns and lots to do with your savings wealth.
• If two persons at same level and one of them is good investor and. Other one is...

• Income is earning money. Yes, it's the primary piece of wealth creation, but income itself is not wealth.
• Wealth is having money. If you have a lot of money, you are rich. If you don't have much money, you're poor.