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This Money Lesson Is Worth $30,000 But It's Yours For Free - Business - Nairaland

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This Money Lesson Is Worth $30,000 But It's Yours For Free by MrFitz(m): 8:12pm On Dec 17, 2023
Here's A Money Lesson I Just Learned:

The Fact That You're earning A High income doesn't mean you have a high net worth

If your Monthly income is monthly income of $30,000 but you spend $29,000 on expenses ...

You're not different from another person whose having a monthly income of $3,000 and expenses of $2,000.

Because Your net worth = Income - Expenses

So you shouldn't just think about increasing your cashflow ...

Also find ways of reducing your expenses ...

Hope this a valuable lesson

Have an enormously Blastful weekend

- Gerald

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