5 Reasons You'll Never Be Rich
It takes $2.4 million to be considered rich in the United States, according to a 2017 Charles Schwab survey. That's close to 30 times the median net worth of U.S. households.
With just 10.8 million millionaires in the entire country in 2016, most people won't come anywhere near that $2.4 million magic number. In fact, around 16.6 million American families have a negative net worth and owe more than they own.
If you don't want to be one of the millions whose net worth is too low for your liking, it's time to look at what you may be doing to sabotage your efforts to build real wealth. The good news is, with a few simple tweaks, you very well could join the ranks of the millionaires -- even if your salary is just average.
Source: Fool.com
