1. Wealth versus Income

4. What is Income? What is Wealth? What you EARN per year
often referred to as salary
the average college graduate (4yrs) starts at an average of $42,000 per year
What is Wealth?
What you OWN minus what you OWE
House = $1,000, Mortgage = $950, Stocks = $50,000
Wealth = $100,000

5. Gini Index of WEALTH USA .85 Notice the Gini Index of
Line of
Income equality
Notice the Gini Index of
Wealth is much greater than Income

6. Wealth vs. Income Top 20% has 84% of Wealth
Numbers YOU should know for TEST
Wealth vs. Income
Top 20% has 84% of Wealth
Top 20% earns 50% of Income
Top 1% has 39% of Wealth
Top 1% earns 15% of Income
Bottom 40% has less than 1% of wealth