Tag: rich

Could You Be a Middle-Class Millionaire?

The US has more millionaires now than ever before. According to Finmasters.com, data from the Credit Suisse Global Wealth Report shows that in 2023 there were just under 30 million millionaires in the US, an all-time high. Given our current population of approximately...

How Much Money Equals Wealth?

How much money do you need to have to be considered rich or wealthy? The best answer is “it depends,” considering your definitions of rich and wealthy. Are they terms defined by one’s net worth, income, or overall wellbeing? Is the context local, national,...

Helping the Rich get Richer and the Poor get Richer

Helping the Rich get Richer and the Poor get RicherWatch this video on YouTube One of the pillars of my profession of financial planning and counseling is to help people get richer. For many people, this statement might evoke the idea of “income...

More Americans Joining Ranks of Wealthy

More Americans Joining Ranks of WealthyWatch this video on YouTube What would it take for you to become a one percenter? How much net worth would put you in the wealthiest one percent in the United States? In a recent discussion with a colleague, I suggested this...

How the Rich Got Rich

How the Rich Get RichWatch this video on YouTube Ask ten people how the rich got rich and you will get at least ten opinions. Some of the more common assumptions are that people become wealthy by inheriting fortunes, taking advantage of those less fortunate, or...