Saturday, June 20, 2015

Use the Wealthometer To See How Rich or Poor You Really Are.

There is such a vast variety of wealth levels, from extreme poverty to the Top 3% in the world. 

There is a simple new tool from Harvard University economist Maximilian Kasy, which can help correct any wrong notions you have about whether you are, indeed, the 1% or the 10% or the 50%. 

Visit the Wealthometer, choose your nation, and then enter your assets and debts. It's simple and easy and and you will find out where on the 'scale of wealth' you truly are.

How wealthy are you? 
What is your position in the distribution of wealth?
How would you be affected by a change in wealth taxes?
How would others be affected?

  • Are you as wealthy as you think?  Or are you wealthier? Or are you poorer? 
  • Do you feel like you are struggling just to get to or stay in 'middle class'?  
  • Or are you striving to get from the Top 20% to the Top 10%? 

Use the quick "Wealthometer" tool and see where you land!

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