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Reply to "CMM: feeling “rich” has more to do with savings than income "
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[quote=Anonymous]It's not income per se but cash flow. If you're spending less than 25% of your income, live comfortably, save and invest the rest, you'll probably feel better than someone with 3x the net worth but low cash flow (tied up in low-yielding assets). The gold is if you can balance it. High net worth in growth oriented (low-yielding assets) and high cash flow from other assets (like a small business). This has been my experience.[/quote]
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