In this video Colin Exelby, CFP® explains the 6 levels of wealth in America
Most people focus on how much money they make—but that’s the wrong question. In this video, we reveal the real measure of financial success: your net worth, not your income. Using the latest data from the Federal Reserve, we break down the six wealth levels that define where you stand in today’s economy—from financial survival to the top 1%. You'll learn why high earners can still struggle, how net worth is built, and what key behaviors separate the wealthy from the rest. If you’re serious about building lasting wealth, avoiding lifestyle creep, and leveraging compound interest to your advantage, this is the roadmap. Stick around to see where you land—and how to move up the financial pyramid.
00:00-Intro
00:25-Income is NOT Wealth
01:00-Level 1: Financial Survival Mode
01:50-Level 2: Precarious Working Class
02:37-Level 3: Traditional Middle Class
03:20-Level 4: Professional Upper Middle Class
04:20-Level 5: Financial Independence (The Upper Class)
05:00-Level 6: Wealth Apex (The Top 1%)
06:00-Getting on the Right Track
06:40-Ascending the Wealth Pyramid
#NetWorth #WealthBuilding #FinancialFreedom #MoneyMindset #IncomeVsWealth #WealthInequality #RetirementPlanning #InvestingBasics #CompoundInterest #moneytalks
Federal Reserve's Survey of Consumer Finances: https://www.federalreserve.gov/publications/files/scf23.pdf
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[About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.
I provide financial planning for business owners and their families that makes sense.
Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.
We strive to help you:
*Optimize Your Cash Flow
*Minimize Your Taxes
*Build Your Net Worth
*Create a Lasting Legacy
➡️ ➡️Free Guide Here: https://celestialwm.com/ptpebook-go/⬅️⬅️
Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe and I'll see you in the comments!
Top Financial Advisor Baltimore. Top Financial Planner Maryland.
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