As 2022 rolls forward, many are still steadfast in their resolution to be healthier, save better and be richer. However, as interest rates continue to disappoint, savings will not be making anyone rich anytime soon, but Mr Rothschild shared six ways exclusively with Express.co.uk that might work even better.
Many picture being wealth as having lots of cash on hand and even more in savings but in the modern financial world that is no longer the case.
Studies have shown that the average billionaire actually only holds roughly one percent of their net worth in liquid assets like cash.
This could be due to the fact that as interest rates continue to dip far below inflation rates, keeping money in cash is simply another form of losing value.
The vast majority of the wealthy tend to keep their wealth in assets or investments that will keep up and go ahead of the inflation rate and this is what keeps them rich.
Former CEO and chief advisor to global investment firm BlackRock Asset Services, Mr Rothschild shared his six key tips to growing wealth like the wealthy do in 2022.
