Week 37 Day 4: The Wealth Equation: Income Minus Spending Equals Freedom

Wealth is not what you earn. It is what you keep. A surgeon earning $500,000 with $490,000 in expenses has less wealth-building capacity than a teacher earning $60,000 with $40,000 in expenses. The teacher invests $20,000/year; the surgeon invests $10,000/year. The teacher will likely retire richer.