Where do you think you are on the wealth ladder? Just starting out and struggling to save? Sitting on six figures and wondering what’s next? Or maybe you’ve hit a financial milestone—but it doesn’t feel as life-changing as you expected.Today’s episode is all about understanding what changes—and what should change—as you move up the financial ladder.My guest is Nick Maggiulli, author of <a href="https://www.amazon.com/Wealth-Ladder-Proven-Strategies-Financial/dp/0593854039" rel="noopener noreferrer" target="_blank">The Wealth Ladder</a>, a new book that introduces a six-level framework for wealth building and financial strategy. We dive into the key questions we all face on the journey to financial independence:<ul><li>How do you break out of Level 1 when you’re living paycheck to paycheck?</li><li>Is a side hustle actually worth your time—or just another distraction?</li><li>And how should your mindset and money strategy evolve as your net worth grows?</li></ul>Plus, we explore his 0.01% spending rule and 1% earning rule—two powerful benchmarks to help you spend smarter and pursue income opportunities that truly move the needle.More about Nick: He is the Chief Operating Officer and a data scientist at Ritholtz Wealth Management.&nbsp;He's also the author of the blog&nbsp;<a href="https://ofdollarsanddata.com/" rel="noopener noreferrer" target="_blank">Of Dollars and Data</a>&nbsp;and the books&nbsp;Just Keep Buying&nbsp;and&nbsp;The Wealth Ladder.

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