The 5 Numbers You Need to Know to Build Wealth

Want to build wealth but aren't sure which financial metrics actually matter? In this episode, Bo breaks down the five numbers everyone should know to build wealth: income, expenses, margin, savings rate, and net worth. Learn how these simple personal finance metrics reveal whether you're making real financial progress, how close you are to financial independence, and where you can improve. Whether you're just starting your investing journey or optimizing your retirement strategy, tracking these numbers can transform the way you manage money. If you've ever searched for how to build wealth, how much you should save, how to calculate net worth, or how to reach financial independence faster, this video is for you.

Timestamps
00:00:00 Introduction: The 5 Numbers That Build Wealth
00:00:35 Number 1: Income — Your Greatest Wealth-Building Tool
00:01:53 Number 2: Expenses — Where Your Money Really Goes
00:03:08 Number 3: Margin — The Secret to Building Wealth Faster
00:04:31 Number 4: Savings Rate — Are You Saving Enough?
00:05:37 Number 5: Net Worth — Your Ultimate Financial Scorecard
00:07:00 Next Step: Where to Invest Using the Financial Order of Operations

🔗 How Much Should You Save? → https://moneyguy.com/resource/how-much-to-save/
🔗 Net Worth Template → https://moneyguy.com/resource/net-worth-template/
🔗 Budgeting Ultimate Guide → https://moneyguy.com/guide/budgeting/
🔗 Financial Order of Operations → https://moneyguy.com/guide/foo/
🔗 Wealth Multiplier Guide → https://moneyguy.com/guide/wealth-multiplier/

🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.

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