The Truth About Net Worth: Are You Rich or Poor?

Welcome to another episode of the Building Your Money Machine Show! Today, I’m pulling back the curtain on a topic that most people either misunderstand or try desperately to ignore: your net worth. Are you actually middle class, or is your paycheck just telling you a comforting story while your bank account plays hide and seek? We’re cutting through the noise and numbers to uncover the truth about wealth in America — what it means to be lower, middle, or upper class, and, more crucially, how you can move up no matter where you’re starting from.

In this episode, we get into the real definition of net worth, why it matters far more than how much you make, and how you can use it as a playbook for building your money machine. We’ll break down the wealth categories, from lower class (under $150k), middle class, all the way to the upper class (over $1.5 million in net worth) — but more importantly, I’ll show you the strategies for each stage to keep you moving forward, wherever you’re at right now.

IN TODAY’S EPISODE, I DISCUSS:

• What net worth really means
• The three stages of wealth-building
• How to build a comfort fund
• Why eliminating destructive, high-interest debt is essential
• The power of starting to invest early — even with just $5
• How to increase your income by skilling up and creating more value
• Automating your savings and investments
• Why guarding against lifestyle creep is critical as you grow your wealth

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If you liked this episode, click here to enjoy these and more:
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• The Financial Industry's Biggest Lie About Compound Interest
• 1970s Money Habits Not Taught Today... That We Need in 2025
• Accountant Debunks: The Most Controversial Topics in Personal Finance
• The WORST Investment Lies Told by Finance Gurus
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If you liked this video, you'll love these ones:

• The Financial Industry's Biggest Lie About Compound Interest: https://youtu.be/SiDU-1wVWTA
• 1970s Money Habits Not Taught Today... That We Need in 2025: https://youtu.be/CnUi_Dr_v7I
• Accountant Debunks: The Most Controversial Topics in Personal Finance: https://youtu.be/9xG2GgrBx8Y
• The WORST Investment Lies Told by Finance Gurus: https://youtu.be/Nlt9-Z61bxA

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