Once you start doing the math, you realize you're never going to get out unless you change your strategy.

Hello and welcome to the Barron Streetwise podcast. I'm Jack Howe. And the voice you just heard, that's Nick Majule.

He's the C.O.O. of Rittholt's Wealth Management and a personal finance writer.

He's joining us today to talk about the wealth ladder.

It's his new book on Building Wealth.

It's up next.

Listening in is our audio producer Alexis Moore.

Hi, Lexus.

Hi, Jack.

I normally don't do ladders, but we're talking about the wealth ladder today.

True story, I had a, I had a very high bulb.

I was a set of bulbs in like a chandelier that needed changing in my house.

And I was embarrassed to hire someone just to change bulbs.

So I bought, I bought a special ladder. It's like a platform ladder.

Like you go up and it's got a very wide area for standing at the top. And then this sort of thing

that extends up and around your waist so you can hold on to something. So I figured that

way I could go up that high and change the light bulb. And I got up to the top or near the top and my knees started shaking anyway.

And I had to hire the guy to go up on the new ladder that I just bought and change the bulbs.

It cost me like double.

Nick Majuli has a new book out.

It's called The Wealth Ladder and it's about what it takes to build wealth at every level.

We had a chat about it a short while back. Let's get to some of that conversation now.

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