nvictor, you might benefit from a copy of The Millionaire Next Door. check it out at your local library.
John did a great job of explaining the points and i'd just like to add to number 13. Your net worth is all your assets(what you own) minus your liabilities(what you owe), while your working income is how much you make. You might imagine it like this: Working income is what comes in the door, but net worth is what stays in the house after the money that needs to go out has left. If you're making 50,000 dollars a month but spending every penny, then you have a 0 net worth at the end of the month. Google net worth.
__________________ Mind-Manual
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