2min chapter

The Dentist Money Show | Financial Planning & Wealth Management cover image

#371: Fan Favorite – 2022 Financial Benchmarks Are In!

The Dentist Money Show | Financial Planning & Wealth Management

CHAPTER

The Relationship Between Average Spending and Usable Net Worth

So, so our average spending is about 16 grand a month. But what we would call burn rate, right? So how, what percentage of your income is actually going to spend? Yeah, what percentage? Okay. There's a vast difference in someone spending 30 grand a month that has a 10 million dollar net worth,. That's not going to be as big of a deal. And you're bigger or smaller depending on where you are with that total.

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