cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board (http://www.cougarguard.com/forum/index.php)
-   Finances (http://www.cougarguard.com/forum/forumdisplay.php?f=27)
-   -   income and wealth (http://www.cougarguard.com/forum/showthread.php?t=15831)

venomous viper 01-12-2008 01:08 PM

income and wealth
 
There have been some posts about income . As aptly stated in Millionaire Next Door, Millionaire Mind and others INCOME is not wealth. There are huge differences in the two. The income is actually pretty easy to obtain. Real wealth is much more difficult because of tax structure etc. For you high wage earners out there, check this formula out. Take your age times your income and divide by 10,. According to the Millionaire next door formula, this is where your net worth should be. If you are less than half that, you're an under achiever of wealth. If you are double that or more, you're a prodigious accumulator of wealth. Kinda fun. Taxes are the # 1 obstacle to achieving wealth. If you want a legitamate way to reduce or eliminate taxes check out Go Zone or boardmail me. It works...


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