Tag Archives: goal

A Key to Finances: It’s Your ‘Outcome’, not Income that Matters.

It\'s your \'outcome\', not your income.Most people out there always talk, or worry about how much money they make. They compare salaries for jobs. They get second jobs to supplement their income. They leave jobs to go make more elsewhere. Everything they do in life is based on the final end of year income. How much did that W2 or 1040 claim you made for the year?

Well, I’ve learned that this is the absolute worst way to judge your financial situation. In fact, it doesn’t matter how much you make. Your financial situation has very little to do with your income. It has everything to do, though, with your expenses, or what I like to call your ‘outcome’.