Latest / The Equity Builders Club Podcast
Why Working Hard Won’t Make You Rich—But Owning These Assets Can
What separates the working class, the middle class and the wealthy? It isn’t simply how much money they earn. It’s what they own, and whether their income depends entirely on their labour.
Working-class households are especially exposed to inflation because most of their income goes toward consumer expenses: groceries, gasoline, vehicles, appliances and housing. Homeownership often becomes the middle class’s first and largest wealth-building asset. A home may consume after-tax income, but it can appreciate, adjust with inflation and provide collateral for future investments.
The wealthy…
The skinny
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