How Money Works

The Myth Of The "Job Creator" - How Money WorksGet access to a totally free high quality newsletter every morning by signing up to The Daily Upside at https://bit.ly/3HK07JJSign 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/8MeNJ7gfSRMusic by Epidemic SoundStock footage by StoryblocksFollow 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

Work Addiction and The Golden Handcuffs - How Money WorksFind out how many times your information has been leaked on the dark web by trying Aura for 14 days completely free: http://Aura.com/HowMoneyWorks Thanks to Aura for sponsoring this videoSign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________In a time when most American workers can’t ever reasonably hope to retire, why would people with the option to live a life their peers can only dream of choose not to?The simple truth is that people are both addicted to their work and feel as if they can’t leave.Why they feel this way is still a bit of a mystery but looking at some leading theories tells a concerning story of how modern careers are making even the most secure workers feel very uneasy about their futures.So it’s time to learn How Money Works#HowMoneyWorks #Careers #Business___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock footage by StoryblocksFollow 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

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/howmoneyworks07241Sign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/My Other Channel: @howhistoryworksEdited 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.#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 assetsThat 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 ageSo 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 anythingFollow 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

tHe MoSt EvIL cOmPaNiEs In the WoRLD!! BlackStone vs BlackRockUpgrade 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 👈 -----Blackrock and Blackstone are finance companies that control trillions of dollars worth of assets between them. There is a good chance that some of your money is controlled by one of these companies without you even knowing about it.Blackrock was one of the largest investors in the ill fated FTX and Blackstone has been blamed for single handily causing the housing affordability crisis.But how do these companies actually work and are they really the most evil businesses in the world?Well no… sorry to ruin the fun, but if you remove the ominous sounding background music and carefully selected headlines, these are just regular investment firms like any other, not bad, not terrible.But I think the best way for you to realise this is to get a clear breakdown of how these companies operate.So it’s time to learn How Money Works to find out how these companies make their money, and who they answer to, so that you can make up your own mind.#blackrock #finance #howmoneyworksEdited 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/@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

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/howmoneyworksSign 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 #financeEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupFollow 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

The podcast dives into the future of the real estate market and the impact of the aging baby boomer generation. It highlights the stark divide between homeowners and non-homeowners, especially for younger generations facing economic challenges. The discussion also uncovers the hurdles that first-time buyers encounter, including skyrocketing prices and deceptive lending products that favor current homeowners. The influence of private equity firms and the concentration of wealth in housing create a complicated landscape, raising concerns about accessibility and opportunity.

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: @HowHistoryWorksEdited 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.#tech #business #careerBefore 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/@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

Why Dumb People Earn More Than Smart People------ 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.#business #finance #careers ------Dumb people make more money than smart people and it took a study conducted by really smart people to prove it. A study out of Sweden has found that top earners have lower intelligence than the people in income levels directly below them.The Plateauing of cognitive ability among top earners drew on data from 59,000 men who had to take a compulsory military conscription aptitude test. It then tracked their earnings over their professional careers to find the relationship between intelligence and income. Before Tai Lopez gets any ideas for more shitty YouTube commercials or the hustle bros learn how to read journal articles and use this to encourage people to drop out of college, I want you all to know how this data really works.The relationship between intelligence and income was strong, smarter people earnt more money but only up to six hundred and seventy thousand Swedish krona or sixty-four thousand dollars per year. After that intelligence didn’t mean much anymore and at the very top end of income earners, the 1%, dumber people actually did better.So is this a sign that watching TikTok and reality TV is actually better for your career than going to college? Well maybe actually, for two important reasons but there are also two reasons why you should probably ignore this and keep studying hard if you want to get ahead financially. Reason number one why dumb people are doing better than smart people is that smart people fill in high prestige jobs that don’t have high salaries.Academics and research scientists are some of the smartest people in the world, but they don’t get paid well. Doctors, lawyers and elite financiers also need to be very smart to get through demanding schooling and admission exams and these professionals ARE typically compensated very competitively BUT most of them don’t make it all the way into the 1%. In the USA to be in the top 1% of income earners an individual needs to make at least five hundred and ninety-seven thousand dollars before tax and that’s just the minimum to join the 1% club.so it’s time to learn How Money Works to find out why dumb people are earning more than smart people and why this trend is completely meaningless for your own career planning.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

jUsT BUiLd MorE hOusEs!!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

How American Generals Are Being Paid Millions To Serve Foreign Governments - How Money WorksUpgrade 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 👈 ---- Washington Post Investigation (A Must Read For More Details) - https://www.washingtonpost.com/investigations/interactive/2022/veterans-us-foreign-jobs-saudi-arabia/Let’s say you devote your life to military service. You enrol in officer training and work up the ranks until one day you are a general with combat experience in whichever country the States decided had too much oil.American Generals, and Admirals make are O-10 level employees and make a base salary of $203,000 a year, with generous benefits and bonuses for deployment.That’s good money to most people, especially when it continues as a lifetime military pension of $180,000, every single year, for doing nothing, once you have put in your twenty years of service.Service men and women EARN every last cent of this money and people who have dedicated their lives to serving in our armed forces should be looked after, the system is much better at looking after the top brass than the common soldier, but that’s besides the point.I could never do this job and I respect anybody that can, at least I did until the world started learning about what they do after their career comes to an end (or just get’s started depending on how you look at it)The retirement benefits of a military general should be good enough for anybody to live of off, but some don’t see it this way.Some think that Generals are basically chief executives of large organisations with tens of thousands of employees, handling billions of dollars, and working on the most challenging projects in the world.When you put it like that, the public service pay scale starts to look a bit mediocre… Leaders in the private sector are making millions of dollars a year for the same level of work and they don’t spend their time in active warzones.So to set things right, high level military leaders have taken a page out of the investment banking interns playbook. It’s not about the money they are making right now, it’s about the job they CAN get once they have padded out their resume a bit.So it’s time to learn how money works to find out how America’s top military leadership are using their careers to score obscenely lucrative contracts with some not so friendly governments. -----#howmoneyworks #retirementplanning #militaryEdited By: Andrew GonzalesMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty ImagesFor sponsorship inquiries, please contact sponsors@worksmedia.groupFollow 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