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Real Estate is the Definition of Wealth | Ep. 524
Manage episode 414185478 series 2859831
How would you define wealth? Do you often look at people like Elon Musk and Bill Gates, and think... "I'll never be as wealthy as them?".
Well, that's setting quite a high bar... why compare yourself and your wealth to somebody like that? Why compare yourself to anybody at all when defining your wealth?
Wealth should be defined by the gap between your expenses and your income. The bigger the gap, the more comfortable someone lives.
So...how big do you want that gap?
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Wealth is a ratio between what you make and what you spend." – Anthony Vicino
"High income does not equate to wealth." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
569 episode
Manage episode 414185478 series 2859831
How would you define wealth? Do you often look at people like Elon Musk and Bill Gates, and think... "I'll never be as wealthy as them?".
Well, that's setting quite a high bar... why compare yourself and your wealth to somebody like that? Why compare yourself to anybody at all when defining your wealth?
Wealth should be defined by the gap between your expenses and your income. The bigger the gap, the more comfortable someone lives.
So...how big do you want that gap?
All of this and more on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Wealth is a ratio between what you make and what you spend." – Anthony Vicino
"High income does not equate to wealth." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
569 episode
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