Quote Of The Week: How Do You Measure Financial Success?

By on May 28, 2019 in Investing, Making, Spending, and Saving Money, Quote of the Week

Even wealthy families struggle to hang on to what they’ve earned. 70% lose wealth by the second generation, and 90% by the third.

Advice that never goes out of style:

“The true measure of financial success isn’t how much money you make—it’s how much you keep. That’s a function of how well you’re able to save money, protect it, and invest it over the long term.”

Karen Hube, “10 Rules for Financial Freedom,” Barron’s, May 24, 2019

 

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!
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