Your Income Should Increase Every Year: Beat Inflation, Live Well - MFI Series1, #17

Every year (and currently every month), the price of goods and services rises. This phenomenon is called inflation, and it slows your wealth accumulation. To beat inflation, you need to create more money than you lose. You are responsible for building your income streams to combat inflation and grow your net worth.  Your job, boss, or spouse are not responsible; it is solely your mission to beat inflation and become wealthy.
To achieve this, every year your income should rise. You can increase your income by becoming an insider. As an insider, you own your income stream. This ownership can include a business or rental properties.  In the end, those who increase their income annually will outperform inflation, retire early, provide for their family, and live well. Does that sound interesting to you?