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6 Signs You’re Doing Really Well Financially in America (Even if It Doesn’t Feel Like It)
Achieving financial stability where you can meet your current financial obligations comfortably and still plan for the future is a goal everyone strives to attain.
However, while you may be able to pay your bills, save for vacations, and afford to dine out occasionally, you may feel left behind, especially if you compare yourself with your peers or others with higher salaries. You may be doing way better financially than the average American.
Let’s explore some signs that you’re financially better off.
You Can Afford Insurance
Do you have health insurance, car insurance, homeowners insurance, life insurance, or disability insurance? That signifies that you’re on the right track to financial stability. The right insurance can help minimize financial losses and cover significant risks.
You Have an Estate Plan
CNBC estimates that 67% of Americans don’t have an estate plan. Consider yourself ahead of most people if you already have a will or estate plan. It also shows that you’re prepared for the future, which reduces stress on your heirs and ensures your wishes are met.
