Building wealth requires three things: financial literacy, access to investments like ETFs through apps, and actual capital to invest. The first two are solved, but without money to put in, knowledge and access don't matter.
In America, we're often told that, hey, in order to make money, you need 3 things. You need financial literacy, so you need to know what you're doing. You need to know that you should be investing and saving. You need to have access to investments, which is a problem mostly solved thanks to Robinhood, thanks to Jack Bogle of Vanguard. The access problem is primarily solved. You can buy anything virtually now in an ETF in your app. And the last thing you need is capital. So you need education, access, and capital. And virtually everybody was working on the first 2 problems, which is financial literacy and access. Now notice, if you have the first 2 but you don't have the third, like me, you're never gonna get rich.
