Chasing Goalposts Podcast

Rethinking Wealth: Should Net Income Matter More Than Net Worth?

Dustin Cosgrove Season 1 Episode 20

Today, we’re challenging a common financial misconception: why do we focus so much on net worth when it’s personal net income—both active and horizontal—that truly drives financial independence? We’ll explore the key difference between simply accumulating wealth and having the cash flow to live comfortably now and in the future. 

Plus, we'll dive into a real-life example of a couple with nearly $1 million in net worth, yet still struggling to make ends meet. Stay tuned as we uncover why building income streams might be the smarter, more sustainable path to lasting financial success. 

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