Henry

Henry is a word like yuppie. High earner not rich yet. What most people don't realize is there is a huge difference between being rich and having a high income.

Doctors who are doing great make over 500,000 dollars a year. Any decent lawyer makes 200,000 a year. I made over 100,000 a year just as nuclear medicine technologist and as a radiation safety officer. Rock stars, professional athletes and movie stars now we're talking about millions of dollars a year at the top.

But every dollar any of those people earn is for something they did. A surgery, a case, a performance. A wage for for a service, even if it is a very high wage. But that doesn't make you rich.

You know what rich is? Rich is having something else make money for you. Rich is receiving income unrelated to your physical performance. Rich is capital gains. Rich is commercial or residential rental property income. Rich is having the employees of your chain of restaurants or gas stations making money for you.

Now, it would be foolish to argue that having a high income isn't nice or that it doesn't allow you a certain liberty in choices versus someone making 18 thousand a year. But understand being truly rich rich is a different thing. And then there is a whole other level of wealth that's generational. Money that lasts multiple lifetimes..... wow.