Nick Maggiulli: Climbing the Wealth Ladder to $1,000,000 and Beyond

Nick Maggiulli, author of The Wealth Ladder, shares the different stages of wealth and how we can climb the ladder to $1,000,000 and beyond. The Wealth Ladder https://amzn.to/4mORGBQ (affiliate) NOTE: If you buy Nick's book with our link above, we get a small commission. Thanks for considering it! CHAPTERS 0:00 Intro 1:43 Common Frustrations Getting Ahead Financially 5:29 Breaking Down the Levels of Wealth 8:04 How does spending affect your wealth ladder? 13:15 How Investing Helps Move You Forward 15:40 Investing Methods for Building Wealth 17:59 Over-Indexing on Personal Residence Asset 21:18 Common Pitfalls in Level Three 24:04 Building Wealth Between Level 3 or 4 25:42 Growing a Side Hustle/ Business 28:27 What mistakes have you made along the way to wealth? 31:29 Advice for Growing Your Wealth #FinancialIndependence #NetWorth #Investing #FamilyFinance #personalfinance GUEST BIO - Nick Maggiulli Nick Maggiulli is the creator of Of Dollars And Data and Chief Operating Officer at Ritholtz Wealth Management. Since launching his blog in 2017, his work has been featured in The Wall Street Journal, CNBC, Money, The L.A. Times, and more. He is the author of Just Keep Buying (2022), which has sold over 100,000 copies worldwide and been translated into 10+ languages. Nick is also a frequent speaker at industry events, including FutureProof Festival, Bogleheads Conference, and FinTwit Summit. OTHER VIDEOS TO WATCH S&P 500 Index Fund: Pros and Cons | Paul Merriman: https://youtu.be/t91foWyrEFU JL Collins: How One Index Fund Can Make You a Millionaire: https://youtu.be/1sxNvl2yyS0 Why the "5% Rule" is Replacing the "4% Rule" | Bill Bengen: https://youtu.be/-llccQL59AI _____ MARRIAGE KIDS AND MONEY: This award-winning YouTube channel is dedicated to helping families build wealth and thrive. Each week, Andy Hill shares actionable advice and tips for family financial independence. Also, he interviews personal finance experts, families who've achieved financial independence and work optional parents to inspire you to do the same. BIO - ANDY HILL: Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness. Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world. When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing in his hammock. ✅ CONNECT WITH US Pre-Order My Book "Own Your Time": https://marriagekidsandmoney.com/book Follow On Instagram: http://instagram.com/marriagekidsandmoney Read our Blog: https://marriagekidsandmoney.com Listen to our Podcast: https://marriagekidsandmoney.com/podcast-archive/ Subscribe to my YouTube channel today to strengthen your family tree and live financially free! HOW WE MAKE MONEY & DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS Research & Writing: Andy Hill, AFC® Video Editing: Hinz Video Thumbnail: Ardi, The Thumbnail Wiz Channel Management: Kayli Groves Johnson