Why the Meaning of Wealth Is Changing Fast

A growing financial philosophy argues that true wealth isn't about a high salary, but about generating enough passive income to cover your life's expenses.

A different way of thinking about wealth is making the rounds, challenging the idea that a big paycheck equals financial security. This philosophy defines being "wealthy" as having enough passive income from sources like pensions or investments to cover all living expenses. It suggests financial freedom is achievable for anyone, regardless of their annual income, by focusing on cash flow and controlled spending.

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