Income vs. Wealth: Understanding the Difference

Income is what you earn.
Wealth is what you build and sustain.

You can earn a high income and still lack stability if:

• There’s no structure for managing money
• Debt outweighs assets
• There’s no plan for unexpected life events

Wealth-building, on the other hand, focuses on:

• Ownership (assets)
• Cash flow management
• Long-term planning and protection