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#82: The Different Levels of Wealth

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#82 The Different Levels of Wealth

I listened to a podcast interview with Stewart Butterfield, the founder of Slack and at the end of it, the host, Guy Raz, asked Butterfield one question about his newfound wealth. “Does that eliminate stress in your life?” Raz asks. “Does that mean that everything is set, everything is taken care of?”

In this podcast, I’ll share with you what he believes are the three levels of wealth in the world.

Wish you could watch any of the content from previous Leverage & Growth Summits or PIMDCONs? I’m excited to announce that we’re going to be having a Black Friday sale for the VIP All-Access Pass for past events and you won’t want to miss it. We’re discounting things massively (>50% off) so get ready! 

Now, let’s look at what we discussed in this episode:

  • Butterfield’s 3 levels of wealth
  • My version of the different levels of wealth

Here’s a breakdown of how this episode unfolds…

[6:14]

The study found that the ideal income for individuals is about $95,000 a year to achieve life satisfaction. And if you want general emotional, good emotional wellbeing, you need to make somewhere between $60-75,000, that’s for individuals. 

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