Part 2/9:
The First Level of Wealth: The 1 to 10 Million Dollar Net Worth
The speaker delineates what he considers the "first level" of wealth—having a net worth between $1 million and $10 million. This tier is often misunderstood; individuals in this bracket are typically far from being average in ability or effort. They tend to live modestly, avoiding ostentatious displays of wealth. Their clothing choices lean toward plain, functional brands purchased from unimpressive stores. Vacations, while enjoyable, are not flaunted on Instagram nor do they involve extravagance. Their cars are often reliable, used, and understated—like a Camry, Honda, or an old pickup truck.