Mar 25, 2024
The 5 Levels of Wealth – Part 1 “Stability” – Chris Boyd and
Jeff introduce the topic
of the different levels of wealth with the first level being
stability (see link to related
article below). Jeff starts off by explaining that this level is
not solely about income, as
many people with a big paycheck often struggle to achieve financial
stability. The
conversation turns to adopting a mindset of deferred gratification
and having
discipline in spending. Other issues discussed are the benefits of
having your own
personal financial statements and building an emergency fund. The
episode closes
with advice on large budget items such as health and auto
insurances.
https://www.gobankingrates.com/money/financial-planning/the-5-levels-of-wealth-and-
how-to-get-there/
For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr