Tag Archives | Affluence

Surprising Spending Patterns of High Earners

If you want to guess someone’s income level, look at what they buy. Obviously, the rich and the poor will spend their available funds on different things. Just what those things are, however, is less obvious. To illustrate, here is a pop quiz: Since 1992, what two products most consistently indicated that those using them […]

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Are One in Five Americans the “New Rich”? Not Exactly.

The surest road to financial success and independence is a long one. That path includes working hard at a career you enjoy, living on less than you earn, taking educated and appropriate risks, and building wealth gradually through diversified investing. I know many people who have followed this route successfully. Their achievement—what has long been […]

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