Young people say this is the No. 1 factor in building wealth—but this is 'the real key,' according to a money expert
Publishing timestamp: 2023-08-25 16:20:47
Summary
The article discusses the importance of salary in building wealth, but emphasizes that a high salary alone is not enough. It highlights the need to save and invest money effectively in order to grow wealth over the long term. The article suggests investing in low-cost index funds as a practical method for building wealth, and emphasizes the benefits of compound interest.
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Keywords: lifestyle, united states, personal finance, s&p 500 index, warren buffett,
Source: https://www.cnbc.com/2023/08/25/young-people-say-this-is-the-no-1-factor-in-building-wealth.html