So Money episode 1903, proven ways to climb the wealth ladder and level up your network.

You're listening to So Money with award-winning money guru Farnush Karabi.

Each day, get a 30-minute dose of financial inspiration from the world's top business minds,

authors, influencers, and from Farnoose yourself.

Looking for ways to save on gas or double your double coupons?

Sorry, you're in the wrong place.

Seeking profound ways to live a richer, happier life.

Welcome to So Money.

I just need to take care of my family, and so whatever that means,

that's how I'm thinking about my career and my future. So I've no real desire to get to level five if it happens great, but I'm not going to go out of my way and say yes to every single thing and work myself to the bone to do that. I don't think it's going to improve my life. And if anything, it could act, you know, detract from my life. And I talk about a lot of these things. I know it's like very first world problems. What do you mean? Having $10 million would detract from my life. How? And I talk about this in the book because there's so many stories about this type of stuff that people don't know about. And just chasing money for money sake has led to many more bad outcomes than good outcome. Welcome to So Money, everyone. I'm Farnash Tarabi. Question for you,

where do you think you are on the wealth ladder? You know, when we were growing up, it was

were you middle class, upper middle class? Today we're talking about the wealth ladder. Whether

you're just starting out and struggling to save, sitting on six figures and wondering what's next,

or maybe you've hit a financial milestone, but it doesn't feel as life-changing as you expected.

Today's episode is all about understanding what changes and what should change as you move up

the financial ladder. My guest is Nick Majuli, author of The Wealth Ladder, a new book that

introduces a six-level

framework for wealth building and financial strategy. We dive into the key questions we all face

on the journey to financial independence, such as how do you break out of level one when

you're living paycheck to paycheck? Is the side hustle actually worth your time or just another

distraction?

And how should your mindset and money strategy evolve as your net worth grows?

...