046: Our Thoughts About 4 Men with Very Different Incomes


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Catching the Coin


The poverty line for a family of three is $20,090 a year. The median household income in America is $53,657. Politicians draw $250,000 as the line between the middle and upper classes. And the true starting point of real wealth remains a cool $1,000,000. Esquire magazine asked four more or less typical men, each of whom earns one of these incomes, to tell them about the lives they can afford. Tim and Troy re-enact the interviews and discuss the results… In This Episode We Look At: The benefit of having and maintaining a household budget The irony of higher earners who do not despise their income tax rates America offers a system that provides equal opportunity, not equal reward Today's Resources and Links: Esquire Article One Thing You Can Do Today to Improve Your Financial World: Take a close look at where every dollar in your household is going. Assign a budget to the controllable expenses. What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.