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Money guru Ramit Sethi says the No. 1 way to build wealth is by investing and negotiating a better salary

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Summary
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64% Informative

The No. 1 way to grow wealth is by investing, money guru Ramit Sethi told CNBC .

A higher salary immediately boosts your income, which is the foundation of wealth building.

Negotiating for a comprehensive compensation package can be a lesser-known strategy for increasing your overall wealth.

As Grunwald noted, “Accumulating money quickly involves balancing maximizing revenue with minimizing expenses. Accelerated financial growth can be set up by researching entrepreneurial opportunities, being frugal with spending and negotiating a greater salary.” More From GOBankingRates.

VR Score

50

Informative language

44

Neutral language

56

Article tone

informal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

long-living

External references

11

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