Three Wealth Levels

I heard this on a recent podcast of “How I Built This.”  According to Butterfield, there’s three levels of wealth.

  • First Level = Not have to worry about debt (credit card/student loans).
  • Second Level = Not have to worry about how much a restaurant costs.
  • Third Level = Not have to worry about how much a vacation will cost.

I have to say this is an interesting way to look at wealth.