87% of Gen Z Desire Financial Independence*

When it comes to accumulating wealth, savings rate is the backbone. Without the ability to save, you’ll have no money to invest. Savings Rate is the Amount You Save / Amount You Earn.

Click here to see an example of why savings rate is crucial. 

Nicknamed the 8th Wonder of the World, Compound Interest is basically the study of why “the rich get richer” and “the poor get poorer.” In essence, as you accumulate more wealth, you are able to earn more money faster. But as you accumulate more debt, you also “earn” more debt faster. Use Our Compound Interest Calculator to see how large your money can grow!

Investing is the primary way people become wealthy. In fact, according to Empower Research**, 95% of millionaires own a home, and nearly half own stocks. I am currently creating an invaluable investing class to teach you all I've learned about investing, but for now, start by finding out why you should be interested in learning about the stock market in the first place. 

The final step to building wealth is patience. Highlighted in the compound interest calculator, wealth takes time to build. Warren Buffett himself made 99% of his net worth*** after turning 65 years old! The key to having patience is to build confidence in the investments you make. When you make an investment, you should be able to lie down at night with no anxiety around whether your investment is going to go up or down. The only way you can get to that point is to deeply understand and trust the assets you put your money into. For example, many people choose to trust the S&P 500****, as it aims to be representative of the overall U.S. economy. If you trust that the U.S. economy will perform well over time, it is likely a good investment, although please do your own research before investing.