Why you should aspire to be wealthy NOT rich 💰

I don’t aspire to be rich… I aspire to be WEALTHY 🗣️

There’s a difference…

Being rich means that you have a larger income than your fixed expenses. You can get rich from winning the lottery or having a high-paying job, BUT the money will eventually run out or you retire which means you can’t buy those expensive Gucci bags anymore. 🤷🏽‍♀️

However, being wealthy is all about sustainability. When your assets are larger than your liabilities and generate enough passive income to cover your fixed expenses, then you are considered wealthy.

Imagine having assets and investments that generate wealth for GENERATIONS… that’s the goal!✨

#lemon8partner #financetips #personalfinance #moneytips #investing #wealthbuilding #moneymindset #savingsgoals #lemon8challenge