Bonanza 601 Words You Need to Know

Bonanza 601 Words You Need to Know

/bəˈnæn.zə/ (noun)

Definition

a great source of wealth, riches and abundance, pot of gold, treasury, good fortune – valuable mineral deposit, treasure house, crook of gold, gold mine, Eldorado, jackpot

Example

My last two articles about playing financial offense and defense laid out two different pathways to get rich. If you make six figures, congratulations! You can live a life off your income with luxuries that would make John D. Rockefeller jealous. If you are like most Americans though, your road to wealth lies in saving a high amount of income. If what you want in life is to build a great fortune or bonanza that will be studied and envied by billions around the world, you have to be able to combine the two. A high income plus a high savings rate are two of the four variables that control the wealth you will eventually build.

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