Wealth Tip: Build wealth by spending less than you earn

Source: The Namibian · 2026-10-31T06:00:00.000Z · World

Building wealth is not only about how much money you earn. It is also about how much you keep after paying your bills. This is known as creating a margin. For example, if you earn N$15 000 a month and spend N$12 000 on rent, food, transport, debt repayments and other expenses, you have N$3 000 left. That money can be used to build an emergency fund, pay off expensive debt or invest for the future. But if your monthly expenses are N$17 000, you are short by N$2 000. You may have to borrow money, use a credit card

This page presents the available publisher summary.