Atlanta among worst cities for developing a nest egg

Challenges to building wealth in Atlanta

ATLANTA -- While Boston, San Francisco and Seattle are among the top cities in the United States for building wealth, Atlanta is the fourth-worst metro area for developing a large nest egg.

That's according new research from Bankrate.com.  The study looked at five categories: savable income, human capital, debt burden, home ownership and access to financials services.

Ted Jenkin, CEO of oXYGen Financial, talks with 11Alive's Melissa Long about why Atlanta can be such a tough place for some to build wealth.

© 2017 WXIA-TV


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