Well, hey, you guys. So when it comes to winning with money and building wealth, it is a journey.

And a lot of us don't get there overnight. So today I'm going to talk about the seven stages of

wealth building that I consistently see people that are struggling with their money going from struggling

to a lot of peace and control and ultimately building wealth. And as we go through each of these

steps, you can actually see where you are in your wealth building journey. But first,

do me a favor and hit that subscribe button to stay up to day on all the money content that you need in your life.

All right, the first stage of wealth building is really at ground level.

So the very first thing you're going to do is make sure you have $1,000 in the bank.

And this is your starter emergency funds.

And why you want to start there is because for some people, maybe they have

$1,000, but for 40% of Americans that can't cover a $400 emergency in cash, this is a great

place to start. And in fact, Ramsey Solutions research found that only about half of Americans

have $1,000 in savings. So one-third of Americans don't have any savings at all.

So, again, we see all these stats knowing that even for $1,000 for a lot of people,

is a really big win.

And so you want to have that first step be attainable,

and you want that first step to have a level of importance.

That's really crucial because if things come up

throughout the next couple of steps, you can always go back to that emergency fund, take money

out if something were to happen so you don't go deeper in debt. Now, I want you to remember the

key word here is starter. So the starter emergency funds. You're going to build it up later when

we get to Baby Step 3,

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