Basic Finance: Income Versus Wealth

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    taskmaster4450le

    Published on Mar 17, 2021
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    The richest people in the world are not rated based upon their income. Does anyone know what Bezos or Musk make a year? Does anyone care?

    When dealing with those people, we deal with net worth. How much is a person worth? Yet for the rest of us, we talk about our income, that is our focus.

    In this video I discuss how it is vital for us to switch our mindset to one of Net Worth. If it is good enough for the wealthy, it should be good enough for us.

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