My net worth is minus $20K, where does that put me on the global scale?
Joe
· 2 years ago
I wonder how accurate these numbers are. Definitely seem quite low to me, considering how much assets have appreciated in the past couple decades.
Greg R
· 2 years ago
Would you like to make it to the top 1% in a few years on the same income, adjusting for inflation? Read "The Millionaire Next Door" by Stanley and Danko if you haven't already read it. The secret of the millionaries next door: living beneath their means, frugality, and discipline.
Terry Piatt
· 2 years ago
In "The Millionaire Next Door," many of the millionaires were owners of (unglamorous, even boring) businesses. (And, yes, they excel at living beneath their means. I know a retired architect who lives in a modest neighborhood and rents out his spare bedrooms - and the car he drives is right out of the book!)
Frugality and discipline won't get a minimum-wage earner anywhere close to the top 1%, and I didn't see any low earners in the book.
SCapitalist
· 2 years ago
My net worth is in the red... It's going to be a long journey to the top 1%... Slave to the corporate machine... =)
All Comments
Frugality and discipline won't get a minimum-wage earner anywhere close to the top 1%, and I didn't see any low earners in the book.