Don’t bother wondering why your friends seem to have nicer homes, cars, and vacations — there’s only one measurement that matters
Basing your spending off how your friends spend their money is a huge mistake to make. Large spenders may also be building crippling debt.
You won’t find a real answer to how you’re doing in a Federal Reserve survey or a social media feed. You will find it by measuring yourself against rules of thumb, refined over decades and endorsed by financial pros that point the way toward true financial health.
Start with these: