The 5 Levels of Wealth

Something More with Chris Boyd

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