1. You save money
With 61% of Americans living paycheck to paycheck, the ability to save a few bucks each week puts you ahead of most people.
2. You invest
Your money can work harder for you than you ever can for it. By investing, you're putting those dollars to work, gathering interest and appreciation.
Deciding to start investing in stocks and bonds is how many millionaires achieve their wealth, though some invest in a business (their own or those of others) to generate income as well.
3. You live comfortably below your means
Ironically, contentment with your income and the ability to live within it is another sign of being well off. This liberates you from the constant need to earn and spend more.
By spending less than you earn, you'll ensure your wealth is long-lasting and won't be threatened by the next economic downturn.
4. You can buy the things you want, even if you have to save
The one-percenters have an easy time forking out for a boat or a vacation to Paris, no question about it. But if you can afford the same luxuries after a few years of mindful spending and careful saving, you're still enjoying the same level of luxury, if not as often.
5. You can afford to retire on time
Sadly, one in five Americans believe they'll never be able to retire. If you're on track to retire in your 60s (or retire early), you're one of the lucky ones. The ability to stop working and enjoy your golden years is truly enviable.
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