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As people make more, building wealth through an increase in savings is directly tied to whether they can decrease their spending rate.
On this episode of Elementality, Reese and Matt examine the Burn Rate (Br) Element. By using different incomes as examples, they illustrate what they would consider to be high, low, and healthy spending rates for each.
By Jordan Haines, CFP®4.8
3535 ratings
As people make more, building wealth through an increase in savings is directly tied to whether they can decrease their spending rate.
On this episode of Elementality, Reese and Matt examine the Burn Rate (Br) Element. By using different incomes as examples, they illustrate what they would consider to be high, low, and healthy spending rates for each.

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