Middle-Income Earners Can Be Millionaires
Money Talk
FEBRUARY 1, 2024
Many people think you need to earn a high salary (e.g., $100,000+) to become a millionaire. In reality, many people of ordinary means (i.e., middle-income earners like teachers and police) become wealthy over time and achieve a net worth (assets minus debts) of $1million or more. A key factor in their success is financial capability, which includes financial knowledge, decision-making skills, and habits.
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