welcome
Benzinga

Benzinga

Business

Business & Economics

Financial guru Vincent Chan explains how people appear richer than they are

Benzinga
Summary
Nutrition label

52% Informative

Financial guru Vincent Chan recently dissected this trend and how people appear richer than they actually are.

Most people use credit card debt to appear rich but aren't actually wealthy.

Looking nice doesn't necessarily translate into good finances.

Instead of comparing wealth based on how your friends appear, Chan recommends focusing on your finances.