From Yahoo Finance: 2025-05-12 11:45:00

Financial guru Ramit Sethi outlines seven levels of wealth, with the “Growth” stage being the most exciting. Sethi shares strategies to reach this level and advance further. Thinking in percentages and strategy are key components to building wealth and increasing annual portfolio contributions by 1% can boost finances.

Being intentional with money, considering expenses, and aligning daily actions with long-term goals are habits of those in growth mode. Trade-offs are necessary to build wealth faster, such as eliminating unused subscriptions and unnecessary costs. Sethi emphasizes spending on things that bring happiness, rather than penny-pinching forever.

Read more: ‘You Think In Percentages And Strategy’