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Why Are High Income Earners Struggling With Wealth Too?
By InvestingNote  •  September 30, 2020
Does Having Higher Income Also Mean Higher Wealth? This post was originally posted here. The writer, Brian Halim is a veteran community member and blogger on InvestingNote, with a username known as @3Fs and has 2259 followers. An interesting article from TODAY (Link Here) shows why for the majority of people, even a highly paid career such as a pilot – they continue to struggle and face the crunch to survive when these are considered high-income earners. The article interviews a random selection of 12 pilots, and while the sample number is considered relatively small, it gives a good indication of how numbers crunching and dire the situation is for these pilots during the pandemic. High-Income Earners = Higher Wealth? Many of us would think that high-income earners have a better correlation to wealth. After all, if you earn $10,000 as opposed to say $2,000, you should be much better off technically when...
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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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