I noticed a disturbing theme in my conversations with successful women. I call it the Illusion of Affluence. Whopping wages can be deceptive and dangerous.
I see it repeatedly: High earners spending too much, saving too little, or plowing all profits back into their business. Their ample earnings gives them the appearance, but not the security, of affluence.
Even if they can easily make a bundle whenever they want, high earners are as vulnerable to hard times and sudden change as anyone else.
Absolutely, women making big money are to be applauded. But the real measure of success isn’t what comes to you…it’s what stays with you (i.e. your net worth—the sum total of what you own minus the sum total of what you owe).