For many people, the definition of wealth is simple: earn more money, buy more assets and live a better life.
There is nothing wrong with wanting to earn more. In fact, increasing your earning capacity is an important part of financial progress.
But earning more money is not the same thing as building wealth.
Most people think wealth creation means working hard to increase their earnings. In reality, wealth creation also means putting the money you have earned to work.
This distinction becomes particularly important when income suddenly increases.
