If you spend everything you earn then you will be living paycheck to paycheck. No matter how much you earn. If instead you take 10% of your monthly after tax pa

If you spend everything you earn then you will be living paycheck to paycheck. No matter how much you earn. If instead you take 10% of your monthly after tax pay and invest then you won’t. Millionaires have gone bankrupt because they didn’t have the financial education/understanding needed to handle money. And in contrast, people who are not millionaires have build investment portfolios over many years that have given them financial independence. It’s all about financial intelligent/skills/literacy not about how much you earn.