In this video, Chelsea debunks several myths we carry about wealth-building, from thinking we’ll get rich from one lump sum to thinking you need a “traditional” bank to do it.
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Inheritance stats: https://www.fool.com/research/high-net-worth-inheritance/
https://www.annuity.org/retirement/estate-planning/average-inheritance/
Lottery: https://www.businessinsider.com/powerball-odds-why-people-think-theyll-win-2018-10#we-focus-on-the-winners-not-the-losers-7
Job hopping: https://www.forbes.com/sites/jackkelly/2019/07/26/a-new-study-concludes-that-it-literally-pays-to-switch-jobs-right-now/?sh=4060d9b45959
Negotiating salary: https://www.cnbc.com/2018/12/18/not-negotiating-salary-could-cost-you-750000-throughout-your-career.html
Home ownership: https://www.investopedia.com/articles/mortages-real-estate/11/the-truth-about-the-real-estate-market.asp
https://www.investopedia.com/articles/mortages-real-estate/11/the-truth-about-the-real-estate-market.asp
https://www.bankrate.com/real-estate/renting-vs-buying-a-home/
Long-term investing: https://www.investopedia.com/articles/investing/021116/3-reasons-not-sell-after-market-downturn.asp
https://www.youtube.com/watch?v=COYqK7-OPT0&t=52s
Wealth by education: https://www.peoplespolicyproject.org/2020/10/01/wealth-inequality-across-education-and-class-in-2019/
Save vs. invest: https://www.bankrate.com/banking/savings/average-savings-interest-rates/
https://smartasset.com/investing/investment-calculator#VUxJmK8xx5
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the financial dietchelsea faganlauren ver hage
