The Money Guy Shares Tips for Growing Wealth In 2024

WCCB Staff, Lawrence Gilligan,

CHARLOTTE, N.C. – New data from the Federal Reserve’s Survey of Consumer Finances shows household net worth increased by 37%. But, a closer look reveals the majority of consumers’ net worth is tied up in home equity – aka they have no cash and are living paycheck to paycheck.

When your net worth is tied up in your home, you have no flexibility to create financial security.

Brian Preston (CPA, CFP®, PFS), is the host of top business podcast/YouTube channel The Money Guy Show and author of forthcoming book, Millionaire Mission: A 9 Step System to Level-Up Your Finances and Build Wealth. He has over 25 years of financial planning experience, and shared some of his expertise with Lawrence Gilligan.