The true wealth creation equation involves more than just earning a high income. It requires proper management of your finances, including investing wisely, minimizing expenses, and maximizing your savings. The formula for creating true wealth is simple: Income - Savings = Expenses. This means that you should always prioritize saving a portion of your income before spending it on expenses. By doing this, you can build up a substantial savings account over time and invest it in assets that generate passive income, such as stocks or real estate.
Remember that true wealth is not just about accumulating money, but also about having financial freedom and security to live the life you want. This requires discipline, patience, and smart decision-making when it comes to your finances. By following this equation, you can take control of your finances and work towards achieving true wealth.