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The Importance of Having Money in Your Life
According to the 2023 modern wealth survey by Charles Schwab Americans believe it takes 2.2 million dollars to be considered wealthy but those who feel wealthy today have an average net worth of $560,000. The survey reveals that 62% of Americans prioritize healthy relationship as a key indicator of wealth while 70% believe wealth is more about not having to stress over money. Social media impacts wealth perceptions with 47% of Americans saying being able to afford a lifestyle comparable to their friends makes them feel wealthy. And then what happens if you don't do what these other people are doing and basically just keep up with the Joneses? You can actually help the ones around you.