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How To Build Wealth: Millennial/GenZ Edition

Nick True - MappedOutMoney 5:28

5,156 views · 161 likes Watch on YouTube ↗

If you're under 35, you've got the cards significantly stacked against you. Housing prices, college costs, medical expenses are at all time highs while wages remain stagnant. However, there is one thing that you have on your side that can help you exponentially grow your wealth and overcome all of these factors. That resource is time.

Resources mentioned (affiliate links included):
- Download the spreadsheet here: https://nick.ck.page/wealthcalc
- Marko's Video: https://youtu.be/RUH9FnfBFYQ
- Morgan Housel Article About Warren Buffet: https://www.cnbc.com/2020/09/08/billionaire-warren-buffett-most-overlooked-fact-about-how-he-got-so-rich.html
- Boglehead's Guide To Investing: https://amzn.to/36j6uWx
- Trinity Study: https://en.wikipedia.org/wiki/Trinity_study
- Increase Your Income: https://youtu.be/JecrbLUgwv4

In this video I'll cover:
0:00 - Macro Steamroller
0:33 - Time Billionaires
1:08 - Formula To Build Wealth
2:10 - Linear vs. Exponential
2:40 - Warren Buffet's Secret
3:46 - $500 to $2M
4:32 - Using Time To Build Wealth

______________________________________________
My Website: https://mappedoutmoney.com/
Podcast: https://podcasts.apple.com/us/podcast/mapped-out-money/id1503281170
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Category (YouTube): Howto & Style

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