30-year-old explains how she built a 7-figure net worth by quadrupling her income and investing the extra cash

30-year-old explains how she built a 7-figure net worth by quadrupling her income and investing the extra cash

Michela Allocca left the corporate world to build Break Your Budget, a personal finance brand. She grew her audience on TikTok and Instagram, which led to branding deals and digital product sales. Allocca invested her increased earnings, achieving a seven-figure net worth through disciplined savings. When Michela Allocca started working in the corporate world, she … Read more

The average American’s net worth is $620,654, but that number means little. Here is the figure that counts

The average American’s net worth is 0,654, but that number means little. Here is the figure that counts

As of 2024, the average American had a net worth of $620,654, according to a recent global wealth report from UBS. (1) But if that number sounds surprisingly high and disconnected from your lived experience, there’s a reason for that. Averages are calculated by taking a total amount and dividing it by the number of … Read more