savings

Video: The 5 best cities to build wealth

First of all, when people think of wealth, they often think of the Warren Buffetts and Bill Gateses of the world. But in fact, wealth is much more kind of boring and mundane than that. It's really your net worth. It's what you own minus what you owe. And most Americans have some kind of wealth in some form.

So our top five cities were:

  1. San Francisco
  2. Minneapolis
  3. Washington, D.C.
  4. St. Louis
  5. Detroit

I would say looking at the strengths and weaknesses of your city in terms of wealth building can help move you in the right direction.

ADVISER SEARCH: Want help jump-starting your wealth-building ambitions? Find a financial adviser today to help you do that.

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