In The Millionaire Next Door, Thomas Stanley and William Danko classfied people into 3 different types of wealth accumulators: The Under Accumulator of Wealth (UAW), the Prodigious Accumulator of Wealth (PAW) and the Average Accumulator of Wealth (AAW). To start off, you need to calculate your "expected" net worth, which is one tenth your income multiplied by your age. This value may skew a little high especially if you're still young. Expected Net Worth = Your Income * Your Age / 10 If you're net worth is above your expected net worth, you are a PAW, if it is the same, you are an AAW and if it is lower, you are an UAW. Since your net worth is calculated based on your income, it does not really matter whether you are a high-income earner or a low-income earner (but it would be easier to save ......