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Old 01-12-2008, 01:08 PM   #1
venomous viper
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Join Date: Sep 2007
Location: Cancun, AZ, TX and CA.
Posts: 191
venomous viper is on a distinguished road
Smile 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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