5 Levels of Wealth AND How to Achieve Them! (2023 Edition)

I want to get to finacial freedom stage.

This is one of the best episodes! You guys are great!

I recently started investing in the stock market myself so I can boost my own level, and after I read about someone who made more than $100,000 in two months o f investing. How do enthusiasts pull that off? I'm hardly able to move the needle on my profits.

Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

Great content, very informative.
Knowledge is power. Living below your means is a foreign but important truth for success.
Thanks for good, accurate info.

Hello Brain & Bo,
First of all, thanks 🙏 for sharing so many great videos about on how to saves in order to reaches a Golden Goal of FIRE.

Question
May you please define what is the purpose of a different numbers on every videos that displayed on a small but huge numbers behind Bo’s? For example this video obtained with $267,000. 😀🙏👋

The more I listen to these American economy podcasts, the more thankful I become for being Swedish. I come from a working class family, studied medicine for 6 years, graduated last year with $60k of student loans... with 0.00% interest in 2022, and now 0.59% interest in 2023 ($500 payments every 3 months).
If I had lived in the US and not given up on this dream, my loans would probably have been about 5x, and the interest rate about 10x.
On top of that we have universal health care, greater job security and welfare programs, so most people don't need that big of an emergency fund.
I would guess it's easier for most people to become a millionaire in Sweden, while it's easier to become a billionaire (or homeless) in the US(?)

I am ata point where I am absolutely terrified of spending money on non-necessities. It’s become a virus. “No, you do not need a nicer "vacation" or a Tesla or wasting money on putting in a pool. No, you do not need to waste money on shit that doesn't bring you in extra income that you'll need later in your life. Because guess what? You're going to pay the price for it later on down the line.” Right now I need to have this mindset as I need to catch up. But what if I get to a place of actual freedoms and I still thumb my nose at using my funds to actually enjoy the fruits of my labor? Sounds pretty miserable.

New to seeing your videos and y’all have put a fire under my butt to get saving. No house yet, 12k in student loans, 26 with 2 kids, and I have no idea why I haven’t been saving yet. Contacting HR tomorrow to get my employer match, embarrassed I haven’t gotten this free money during the best compound years but my future self is glad I am just starting.

A couple of months ago I moved from Stability to Strategy and it feels like the journey is definitely underway.

What books would you guys suggest on investing?

I'm in Security phase...!!!

GREAT CONTENT ,These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

This was one of the most beneficial videos that I've watched. It helps give me perspective as my life changed dramatically from poverty to wealth. There is something to be said about working and investing for years and making a plan versus a sudden wealth situation. I have huge gratitude, but it is much more stressful than people realize. Shows like this, give me some guidance on how I'm doing with managing my money.

Boring

I'm 37 and grew up in a poor family with no advantages in life. Last year I finally made my way out of debt, set up a Roth IRA, doubled my income, started a 401k, saved 12K in an emergency fund. I may or may not have the 2.4M for retirement but I'm damn proud of myself. I found my way out of being a consumer to being an investor, you can do it to.

I need a hug and two more jobs
My first two jobs hardly put me on schedule
Should I try for a google certificate?

I feel like I am 75% into abundance, but not quite yet made it out of security. Once I hit independence in just a few years, I'll skip to abundance fast.

I’ve always wondered about the MND formula. Do married couples combine net worth to calculate a single value or are they meant to calculate separately?

I don't know if you guys script this or what, but it flows so well, and is so engaging to listen to.