Happy Labour Day to All today! This blog post arose from 2 recent events: Event (1):- While on my way home last night, heard on the radio about this game that could win a listener a $10,000 cash prize on air!
Then the radio DJ was saying how long the $10K prize could allow the winning listener away from work after the 1 day Labour Day holiday, 1 week? 1 month? 2 months?
Which set me thinking, how long can a windfall of $10K last someone away from work? Anyone's guess, but definitely not enough to retire on!
Event (2):- Then today, I chanced upon this social media post by Dr Wealth below (shoutout to Dr Wealth for their insightful posts and in-depth analysis of investment ideas and financial literacy articles!). Very wise words of wisdom indeed: "Your Salary Buys Today, but Your Investment Portfolio Buys Your Tomorrow (and more!).
I recall reading somewhere - Your salary is your future net worth; it's your future earning abilities....