How Money Works

You Will Never Have Your Finances In Order, Here's Why - How Money Works Head to https://squarespace.com/howmoneyworks to save 10% off your first purchase of a website or domain using code HOWMONEYWORKS Sign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________ I want to start this video off on a positive note. You will never be rich! It's not something that people hear enough. Based on the demographics of people who watch my videos most of you are from advanced countries so you will be doing well by global standards but you still won't be rich The one percent is exactly that one percent of the population even if you do everything right even if you save regularly even if you invest wisely even if you binge watch finance channels and even if you were lucky enough to be born in a country with some degree of social mobility you probably have a 1 in 10 chance of making it at best So why aren't we taught this more often? Well because people don't like to hear it it's much more fun to binge watch channels or read books that promise that if you do this you will be rich if you learn to manage real estate you will be rich if you turn credit cards you will be rich if you live below your means you will be rich it's easy to see the appeal but how many works is where dreams come to die so to kick off the new year i want to look at a few reasons why you will never be truly wealthy #Retirement #PersonalFinance #HowMoneyWorks ___________________________________________________________________________ Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSR Music by Epidemic Sound Stock footage by Storyblocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ----- --- Keywords: economic education, business analysis, financial education Learn more about your ad choices. Visit megaphone.fm/adchoices

dOn'T SeLL YoUr TimE fOr mOnEy!! Sign up for my newsletter https://compoundeddaily.com 👈 How many times have you heard some variation of this phrase “don’t sell your time for money”. This is a finance bro way of saying don’t make money exclusively from a source where you get paid X amount of dollars for Y amount of work which is basically every job. There are various reasons given for why selling your time for money is a bad idea like you only have so many hours a day you can work, so trading your time for money limits your potential income trading your time for money also makes you more financially vulnerable if you are unable to work and its really hard to sell a course on trading your time for money unless you’re a college although maybe they don’t say that last one out loud. The alternative to trading your time for money is usually investing, starting a business, living a wildly alternative lifestyle or some combination of all three of these things. But I am here to tell you that while this very broad phrase might have some merit in specific situations, it’s pretty much complete bullshit and you really shouldn’t take anybody who says it too seriously. At best the phrase “don’t sell your time for money” is just another example of hustle bros needlessly bashing on regular day jobs that provide stable living to a majority of Americans. It also perpetuates the idea that simply working a full-time job is not good enough, and that a side hustle or whole extra business is mandatory to get ahead these days. ------- #business #investing #passiveincome Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------- ------- Keywords: how money works, financial news, personal finance, inflation explained, economic education, financial literacy Learn more about your ad choices. Visit megaphone.fm/adchoices

The Myth Of The "Job Creator" - How Money Works Get access to a totally free high quality newsletter every morning by signing up to The Daily Upside at https://bit.ly/3HK07JJ Sign up for my newsletter https://compoundeddaily.com 👈 Rich business owners and the companies that they run do indeed employ people and provide financial stability to most Americans who rely on a salary to support themselves and their families. On the opposite side of the same coin, they only do that because they really need to. Given the opportunity they would prefer to be job destroyers, but a variety of factors are making that impossible, for now #JobCreator #Careers #HowMoneyWorks ___________________________________________________________________________ Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSR Music by Epidemic Sound Stock footage by Storyblocks Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------------------ ----------- Keywords: recession analysis, how money works, financial news Learn more about your ad choices. Visit megaphone.fm/adchoices

The Great Wealth Transfer... Won't Change Anything (probably) The first 500 people to use my link will get a 1 month free trial of Skillshare https://skl.sh/howmoneyworks07241 Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @howhistoryworks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #wealth #finance #realestate ---- In the coming decades, the wealthiest generation in history will… die. It’s an unfortunate albeit inevitable fact of life… but baby boomers will eventually go extinct, and they will pass down over ninety TRILLION dollars [$90,000,000,000] to the next generation within America ALONE. This much money COULD fix a lot of problems like student debt, unaffordable housing, inadequate retirement savings and record credit card debt. BUT don’t get too excited just yet, because at best the great wealth transfer is a financial illusion, and it could actually just end up making things worse… Baby boomers are the wealthiest generation in history. In America they control half of the nation's wealth according to the 2024 wealth report prepared by the property management company Knight Frank. Other sources estimate that baby boomers only hold a mere seventy-eight trillion dollars [$78,000,000,000] in assets That difference of 12 trillion dollars is due to what you really define as wealth, and that slight difference in opinion is more than the collective wealth of half the planet. Regardless of the exact methodology used to calculate generation wealth they all agree on one thing, baby boomers are the kings and everybody else has been left is holding onto what is left over. That concentration of wealth has according to many come at the expense of younger generations who are now poorer than their parents were at the same age So that means that when life finds a way and this wealth is passed down it should fix these generational issues right? Wrong… So it’s time to learn How Money Works to find out why the great wealth transfer… probably won’t change anything Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - -------------- ------- Keywords: economics explained, investment strategies, money management, economic education, personal finance Learn more about your ad choices. Visit megaphone.fm/adchoices

Good Companies Should Not Last Forever. Sign up to Morning Brew for a totally free selection of high quality business, finance and general interest articles delivered direct to your inbox every morning - https://morningbrewdaily.com/howmoneyworks Sign up for my newsletter https://compoundeddaily.com 👈 A going concern is a business term used by accountants to describe a business that has the resources to continue making enough money to stay afloat for the foreseeable future. This assumption is useful for accounting practices, but it could be overrated in the field of investing. We tend to think that successful companies will be around for a really long time and certainly some companies like this do exist, Johnson and Johnson, General Electric and Coca Cola have all been in business for over 100 years trading as the same company they are today. Even older companies exist if you follow the history of business mergers back to their beginning, JP Morgan Chase is the modern product of several bank mergers over three different centuries with the first constituent bank tracing it’s roots back to 1799. Having early investments in any of these companies would make you a very rich person today, but you would also be a very dead person too, which reduces the appeal of this investing strategy considerably. A recent industry report has found that one of the biggest mistakes that investors make is overvaluing the longevity of a company and its easy to see why with people like warren buffet talking frequently about how much $5 invested into coca cola would be worth today. So it’s time to learn How Money Works to find out why businesses that last hundreds of years are not always the amazing investment they seem. #business #investing #finance Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - --------------------------------- ------------ Keywords: market crash, gig economy, real estate crisis, financial independence Learn more about your ad choices. Visit megaphone.fm/adchoices

The Rise And Fall of the "Tech Bro" 🔒Remove your personal information from the web at https://joindeleteme.com/HMW and use code HMW for 20% off DeleteMe international Plans: https://international.joindeleteme.com 🙌 Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #tech #business #career Before the year 2000, if you wanted to make a lot of money in a predictable career you needed a nice suit and an important looking business card. Your options where finance, medicine, law or senior company management if you were lucky. But then… just a few years later at around about the same time as those people in their fancy suits were blowing up the global economy a new breed of millionaire was entering the mainstream. They replaced the puffer vests and Bloomberg terminals with flip flops and vim terminals… Tech bro’s worked fewer hours, had better perks and in many cases made better money than their peers in more traditional high-income roles… What’s more is that people didn’t hate them… Executives, bankers and their fancy lawyers were rightfully blamed for enriching themselves by leeching off a broken system that cost people their homes, their jobs, and their futures… Meanwhile people loved the idea of hacky sack playing nerds making millions by actually making stuff that improved our lives… But now… 15 years later the tech bros became everything they promised to destroy… and they kind of destroyed themselves in the process… For a while you could have a great degree of confidence in becoming filthy rich by putting in a few years at a major Silicon Valley tech company… but this all relied on a stream of money that wasn’t coming from nowhere… Venture capital, the firms that ACTUALLY invest in early-stage start-ups to develop their new technology NEVER again actually reached the level of financing it did during the dot com bubble. That was… until something changed in 2021… So it’s time to learn How Money Works to find out how Tech Bro’s ruined tech for themselves… Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ----------------- --------- Keywords: corporate finance, wealth building, housing bubble, gig economy Learn more about your ad choices. Visit megaphone.fm/adchoices

jUsT BUiLd MorE hOusEs!! Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. -------------------------------- --- Keywords: hedge funds, money management, housing bubble, business analysis, mortgage crisis, financial independence, private equity Learn more about your ad choices. Visit megaphone.fm/adchoices

Sometimes Bad Ideas... Are Just Bad Ideas Try ZipRecruiter for FREE at http://ziprecruiter.com/howmoneyworks------The "Death By China" documentary - https://youtu.be/mMlmjXtnIXI?si=6Qq6N0oejJ3UunSDSign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/-----My Other Channel: @HowMoneyWorksUncut @HowHistoryWorks Edited By: Svibe Multimedia StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty Images📩 Business Inquiries ➡️ sponsors@worksmedia.groupSign up for our newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.#money #finance #tradewar -----So the global economy has lost and found about 6 trillion dollars within the span of a week. The most intense global trade war in modern history has been threatened and then paused, and threatened, and paused, and threatened, and paused again… SEVEN different times now! By the time YOU are watching THIS video that number might have changed again. Global economic uncertainty is at record highs and while the stock market may have recovered (for now), REAL people are starting to feel the consequences of this little game as layoffs are accelerated, hiring is frozen, prices are increasing and interest rates are spiking. Now I already know what you are thinking, there is nothing about these trade wars that hasn’t been said already. And that’s actually exactly the problem. For a variety of reasons even highly respectable outlets and experts have been trying to find what the “real” meaning is behind the flip flop trade war… Be it a secret plan to reduce interest rates before we refinance our debt, redefining the role of the US dollar as a global reserve or just some 4D UNO negotiating tactic. These explanations are very entertaining and appealing to people who want to make sense of a situation that could really impact their personal financial situation But… if you want to look for deeper meaning where there is none, you should have majored in art history, not gone into journalism, economics or businesses. Sometimes, bad ideas… are just bad ideas… and not acknowledging this has caused problems in politics and businesses well before we started putting tariffs on penguins. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. ------------ Keywords: money management, market crash, corporate finance, mortgage crisis, economic trends, gig economy, private equity, housing bubble Learn more about your ad choices. Visit megaphone.fm/adchoices

nOboDy wAnTs tO HaVe kIdS AnyMore Prioritize your sleep for a productive and healthy year and use code HMW at check out with up to 35% off Dream by Beam 👉🏻 https://shopbeam.com/HowMoneyWorks Book recommendation - https://howmoneyworkslibrary.com/capital-in-the-twenty-first-century Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowMoneyWorksUncut @HowHistoryWorks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #career #finance #economy The end of the second world war resulted in a massive spike in fertility across the world that gave rise to the largest generation in history, the aptly named baby boomers. Soldiers returned home, young, dumb and full of… patriotic spirit and (especially here in America), this family centered growth coincided with what many believe to be the golden age of capitalism. Homes were cheap, the free market was providing newfangled products to consume, jobs could provide a stable and comfortable living, and the only thing left to do was to get busy starting a family. Now this is such a rose tinted version of history that it borders on being inaccurate, but that doesn’t actually matter. Today we are dealing with expensive homes, overconsumption of disposable consumer junk and jobs that are extremely insecure. So naturally the most pressing question for governments around the world is… how to make people make babies again? Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - --------- ---------- Keywords: market crash, debt crisis, inflation explained, personal finance, mortgage crisis Learn more about your ad choices. Visit megaphone.fm/adchoices

The Deadly Monetization of Nursing Homes With Ground News, you don’t need to break the bank to become financially literate. Go to https://ground.news/Howmoneyworks and subscribe for under $1/month or get 30% off unlimited access this month only. Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Our Other Channel: @HowHistoryWorks Edited By: Svibe Multimedia Studio Editor: Silvio Rivero Media Gatherer: Vicente Gutierrez Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #finance #privateequity ----- There are institutions operating in America today that are responsible for over twenty THOUSAND [20,000] premature deaths all in the name of profit. They make their money by housing vulnerable people in the custody and cutting costs wherever they can, often breaking the law in the process. These might sound like for-profit prisons, but I am actually talking about… nursing homes, although maybe that’s no coincidence, because a lot of these places are owned and operated by the same people. If you are an investor with lots of cash and good connections aged living is an attractive business opportunity. The aging population means that you will have an ever-growing number of customers. Revenues can be sourced from insurance companies, individuals and the government AND once you have residents in your homes it’s unlikely that they will ever check out until… well… they check out… According to research done by the National Bureau of Economic Research elderly Americans are also less financially literate which means they won’t know if they are getting a good deal or not. The investment potential gets even better more of these businesses you own the more profitable you can make them because overheads like administration, sales and contracting can be shared across multiple locations. Consistent cash flows, a growing customer base and synergies at scale has made nursing homes one of the most targeted alternative asset classes in America. Investors can now gain exposure to the aged care market through direct investment, private equity, and even exchange listed real estate investment trusts, that can be purchased by anybody with a robin hood account and ninety dollars [$90] BUT the reality of this business is razor thin margins, distorted incentive structures and a race to the bottom on quality and safety. So it’s time to learn How Money Works to find out just how broken the aged care industry really is… Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ----- ---------- Keywords: ai bubble, business analysis, economic trends, mortgage crisis, gig economy, financial literacy, investing basics, economic education Learn more about your ad choices. Visit megaphone.fm/adchoices