If you earn a high salary/income but you spend it all of it, you are not any more weathier than someone who makes less money but like you spends it all. Both have not saved any money. People earning high salary/income may not be saving enough whereas those who earn/make less may be more frugal and better at saving. Ultimately, only those who are able to save rather than spend would be more wealthier. It is what you save that matters.
If you set your goal by your net worth, instead of the level of income, you will be able to measure if you are on track to meet your financial goals; and if you are not, you will know by how much you are off-target. You will also have complete control over your net worth by the amount that you save or spend.
Sett goals by net worth with time frames of 2-year; 5-year or 25 yrs until your planned retirement age, then check yearly if you are on track or otherwise to meet your goals.
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