Income Vs. Wealth
While income is often seen as a type of wealth in colloquial language use, wealth and income are two substantially different measures of economic prosperity. While there may be a high correlation between income and wealth, the relationship cannot be described as causal.
Read more about this topic: Wealth In The United States
Famous quotes containing the words income and/or wealth:
“Happy are those who find wisdom, and those who get understanding, for her income is better than silver, and her revenue better than gold. She is more precious than jewels, and nothing you desire can compare with her. Long life is in her right hand; in her left hand are riches and honor. Her ways are ways of pleasantness, and all her paths are peace. She is a tree of life to those who lay hold of her; those who hold her fast are called happy.”
—Bible: Hebrew, Proverbs 3:13-18.
“The honest Man has, I know, that modest Desire of Gain which is peculiar to those who understand better Things than Riches; and I dare say he would be contented with much less than what is called Wealth in that Quarter of the Town which he inhabits, and will oblige all his Customers with Demands agreeable to the Moderation of his Desires.”
—Richard Steele (1672–1729)