How Money Works

Have We Forgotten How To Be "Professional"? Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: 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. -------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Insider Trading is Unfair (But Should it be Legal?) - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈Someone with a consistent flow of insider information on a single publicly traded company could make triple figure annual returns which could make even a small investment of a few thousand dollars turn into millions. Support the channel on Patreon here - https://www.patreon.com/HowMoneyWorks #InsiderTrading #HowMoneyWorksLink To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by Story Blocks 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

A Better Investment Than A College Degree - How Money Works Get a 4-week trial, free postage, and a digital scale at https://stamps.com/howmoneyworks. Thanks to Stamps.com for sponsoring the show!Sign up for my newsletter https://compoundeddaily.com 👈----According to the US college board the average out of state cost for a student attending a four-year college is $149,720 when including tuition, books, room and board. The prices are lower for community colleges and higher for private and for-profit colleges but the out of state four-year college is a pretty typical experience for most people taking this path. $150,000 is a lot of money for a young adult to be playing around with especially when students are taking on debt to fund the expense, but most don’t look at a college degree as a frivolous purchase, it’s an investment that will produce strong returns over a working career. The data still backs this up, the cost of a college degree has increased significantly but just by the numbers it is still a good investment with the typical college graduate earning $650,000 more than the typical high school graduate over the course of their according to Pew Research Center. But just because something is a good investment doesn’t mean that there aren’t other better investments available. #howmoneyworks #career #college Edited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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. 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

The Truth About "The Great Resignation" - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈-----You have no doubt seen news headlines and other videos about “The Great Resignation” accompanied by equally alarmists statistics like 40% of people are about to quit their job and April alone saw over 4 million people hand in their resignation. Now this news could be incredibly frightening or liberating to you depending on whether you are a stressed out business owner or soulless corporate automaton respectively, but before you read too much into it (or worse yet base major career decisions off of it) you should know the full story. So is this a serious event in the landscape of employer employee relationships? Well those of you who watch the channel regularly will know I hate dragging out an answer… so no, not really, not to vast majority of you watching anyway. Sorry to be the party pooper, but there are a few big issues that most outlets are omitting in their coverage of this story, either unknowingly or intentionally to make this all sound more spectacular than it really is. #TheGreatResignation #HowMoneyWorks 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

EVE Online's Self Imposed Economic Collapse - How Money Works A few years ago the galaxy within EVE Online was facing a problem. Abundance. An abundance of materials, an abundance of fuel, an abundance of high paying income sources, and an abundance of safe space to harvest these materials, fuels and space dollars. Now while that might sound like a really good problem to have, (and it would be in the real world) It does cause some problems in a video game. The biggest problem simply being that is boring. Try playing GTA 5 with god mode hacks turned on, after punching some fighter jets out of the sky you are going to get bored pretty fast, and people WERE getting bored. The largest groups in EVE online were up until recently playing a game of “build as much as you possibly can so it becomes almost impossible for any smaller group to ever catch up”. #EVEOnline #Finance #HowMoneyWorks___________________________________________________________________________Part 1 - https://youtu.be/m6j_UsGJnkQPart 2 - https://youtu.be/2t25bsqlTM8Part 3 - https://youtu.be/ijhAILUNz_sMusic by Epidemic Sound & Eve Online Original SoundtrackSign Up Link (if you want to try out the game) - https://www.eveonline.com/signup?invc=ef33cafb-0aa2-4051-9f03-55dc800247c2(This link gives both you and I rewards in the game) 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

The Bankruptcy Boom Use code HOWMONEYWORKS50 to get 50% off your first Factor box at https://bit.ly/47gwEDG!-----Sign up for my FREE newsletter! - https://www.compoundeddaily.com/Support me on Patreon - https://www.patreon.com/HowMoneyWorks-----The great Benjamin: @benjjjaamiinn My Other Channel: @HowHistoryWorks Edited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupSign up for my 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 #bankruptcy -------2023 is going to finish up as the worst year for corporate bankruptcies since the end of the Global Financial Crisis. This year has also claimed the two biggest bankruptcies in American history that didn’t occur during the GFC and if that’s got you feeling nervous, don’t worry, according to the numbers 2024 is going to be much worse.According to data from Standard & Poor’s, corporate bankruptcies in the major companies they track were up over 200% in the first half of 2023. High profile companies like wework, Vice Media and Bed Bath and Beyond all went under due to a combination of poor management, changing consumer preferences, high interest rates and bad market conditions. But what does this even mean?Even though these companies went bankrupt Vice is still making videos, you can still rent a office from WeWork, and Bed Bath and Beyond is still selling overpriced laundry hampers. Bankruptcies just aren’t what they used to be anymore and now instead of being the corporate equivalent of game over, it’s just another business strategy, which is just one of four reasons why it’s become so popular. Now you all know I hate videos from supposed experts with wide open mouths peddling some doomer, but the other three reasons why bankruptcies are on the rise are honestly worrying and they also show why business leaders just don’t take it seriously anymore. The first reason that bankruptcies are booming is because of a new investing strategy that rewards taking on as much risk as possible. Private equity is a broad classification of investing that just means putting money into companies that are not publicly listed on any securities exchange. Venture capitalists who invest in early startups are a type of private equity, all of the deals you watch get made on shark tank are private equity deals… if you give your family member a few thousand dollars to get their Etsy store going in exchange for a cut of their future profits you are technically a private equity investor, so make sure to slap that on your LinkedIn profile. But even though that is going to hurt lenders and employees, for the private equity companies that created this situation it’s going to be an amazing profit opportunity because you will never believe it, they can use bankruptcies to make even more money. So it’s time to learn How Money Works to find out what’s really behind the Bankruptcy Boom. 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

Ethical Investing is BAD Investing... Here's Why - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈----Ethical investing has become incredibly popular in recent years.The promise of being able to put your money towards businesses that don’t harm the environment, exploit vulnerable workers, or engage in bad business practices is obviously very attractive. The idea of this practice is that by denying these bad companies access to investment, they won’t have the opportunity to grow and continue their harmful practices. Some big names in the investment space have also backed up an ethical investing strategy by saying that not only will it do good for the world, but it will also do good for your wallet, because it can offer higher returns than a traditional investment strategy. The problem is that… it almost certainly can't.Ethical investing may feel good but under the surface it effectively re-brands one of the biggest mistakes that people are make when getting into investing, not being diversified…What’s more is that ethical investing might not actually have the positive effect on the world that you might initially expect from listening to the thought leaders in this space. So it’s time to Learn How Money Works and find out why ethical investing is bad investing.#EthicalInvesting #Investing #HowMoneyWorks___________________________________________________________________________Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️___________________________________________________________________________Music by Epidemic Sound___________________________________________________________________________I was going to link to the Monte Carlo Simulator here, but it turns out that the software that I get given from work costs about $10,000 per year to use. So instead just read this to learn how to do almost exactly the same thing with Excel 👉 https://support.microsoft.com/en-us/office/introduction-to-monte-carlo-simulation-in-excel-64c0ba99-752a-4fa8-bbd3-4450d8db16f1 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

The Problem With Really Smart People Upgrade the way you learn with Brilliant! To get started for FREE go to http://www.brilliant.org/howmoneyworksSign up for my newsletter https://compoundeddaily.com 👈-------There is a problem with really smart people that is making you dumber and poorer. Social media platforms like YouTube, Twitter, TikTok and Facebook have allowed us unrestricted access to the greatest minds in the world. It’s also let us interact with these people instead of only being able to read their curated publishing. Being able to watch hours of interviews with world renowned scientists or tweet directly with influential business people is amazing, but it creates 5 big problems and when these very smart people start talking about investing and personal finance those problems end up costing regular people lots of money. Problem number one is the issue of false authority. We now know that the average person puts a heavy weighting on the advice of smart people but even the smartest people in the world don’t know how you should invest your money. An investing strategy is a very personal thing because it needs to consider your income, objectives, risk tolerance, tax strategies and current financial position, without knowing these its impossible for even the smartest investor to give good advice. The problem for a lot of people is advice can be expensive and licensed professionals are also obligated to give people cold hard truths that they might not want to hear, such as you are never going to get rich earning $50,000 a year. People don’t want to hear this so they look to smart people who are not afraid to give advice to see what they recommend. Someone like Meet Kevin is obviously a smart guy because he has made millions of dollars investing into real estate and meme stocks and then millions more by talking about investing into real estate and meme stocks on the internet. The advice he gives carries a lot of weight because he presents himself as an in the know figure that is willing to teach you the secrets of becoming wealthy from humble beginnings like he did. Compare this to a boomer like the plain bagel who is only going to lecture you about how your portfolio is never going to MOON and that you should instead take your time to write out clear objectives and work those into a realistic budgeting and investing plan. So it’s time to learn How Money Works to find out how listening to really smart people is costing us all a lot of money#investing #business #howmoneyworks -------Edited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupAll 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. 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

Just Work Six Days A Week! 🔒Remove your personal information from the web at https://joindeleteme.com/HMW and use code HMW for 20% offDeleteMe 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 StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact 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.#work #business -----Late last month, the paragon of wise economic decisions… Greece… introduced a SIX day forty-eight-hour work week.The country did this at the same time as its European neighbours have been successfully experimenting with shorter four-day work weeks, but the Greek government has insisted that this new change is the key to tuning its economy around by simply working harder than everyone else. It’s a bold strategy, and for the sake of working conditions everywhere we better hope it doesn’t work… unfortunately, it just might… It’s very easy for Greek workers to find jobs that pay better in other countries because as a member of the European Union they are free to reside and work across borders with very few restrictions. In order to correct for this loss of manpower the government has decided to introduce a six-day work week to make up for all the workers who have left the country and to support all the elderly people who can no longer support themselves. By raw arithmetic their logic makes sense… kind of…Output is the hourly productivity of a worker multiplied by how many hours they work. If Greece has fewer workers, it can increase its output by just getting those who are left to work even longer and harder. Instead of magically creating high paying jobs like promised, what this new law is really about is squeezing the most out of workers on the other end of the pay scale. Retail, transport, construction and hospitality are jobs where companies just need someone behind a counter or on the tools for as many hours of operation as possible to serve customers periodically. A large share of what’s left of the Greek workforce are in these types of roles, and businesses are ALREADY demanding a lot of extra hours from their employees. It won’t make workers work harder, it won’t create high paying jobs, it won’t improve productivity, it will drive away what few young workers the country has left, it will lower hourly wages and create terrible working conditions for the whole country. It’s all around a terrible policy, but unfortunately, it’s not just Greece doing this.So it’s time to learn How Money Works to find out why the six day work week might be catching on… everywhere… 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices

Factory Jobs Are Tough AF... Why Do We Want Them Back So Badly? Get 50% off your first order of CookUnity meals — go to https://www.cookunity.com/money50 and use my code MONEY50 at checkout to try them out for yourself! Thanks to CookUnity for sponsoring this video!-----Behind The Curve - https://howmoneyworkslibrary.com/behind-the-curveSign 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.#economy #business #money -----Offshoring, automation and a shift towards service jobs have all played a part in killing manufacturing jobs. The number of people actually making stuff for a living is down by over a third, in the same time the workforce as a whole has GROWN by 50%. Not too long ago, this was actually seen as positive progress.Blue collar manufacturing jobs are dangerous, harder on your body, and all around seen as inferior to working in a nice air conditioned office contributing to the all encompassing “service sector”. But that’s all started to change…People have realised that manufacturing jobs can earn more than white collar work, and it’s become a desirable career all over again. Elections are being won or lost on the promise of “creating” manufacturing jobs and billions of dollars are being handed out to companies to make it happen. But the trend is not our friend, and fighting it might end up doing more harm than good. These are still incredibly difficult jobs with a very uncertain future. So why are we all suddenly yearning for the lines? 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices