Your Wealth, Your Legacy

EP 22: The Misperception of Wealth


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What does it take to be wealthy? While each person may have a different financial threshold in mind, most people have a similar mental picture of what wealthy looks like. They see a fancy home, nice cars, and lavish vacations enjoyed by someone who sold their company for a fortune or received a significant inheritance. This month we are discussing how most individuals have accumulated their wealth and how you can too! The research shows that most millionaires did not get lucky, strike it rich, or receive a substantial inheritance. They accumulated their wealth gradually over a long period of time. They lived on less than they earned, they saved consistently over time, and they let their investments ride regardless of market conditions.

If you are interested in learning the simple and attainable strategies that others have used to create long-term wealth and how you can too, we think you will enjoy this episode. Thanks for listening!

For more detail about building wealth, check out our blog post covering the same topic at https://pw-wm.com/learn/investing/the-misperception-of-wealth/

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Your Wealth, Your LegacyBy Prairiewood Wealth Management