How Money Works

Net Worth Figures Are Complete Nonsense That Nobody Should Believe! - How Money WorksBecome a smarter investor in minutes by signing up a free trial of Finimize with my link https://bit.ly/FinimizeHowMoneyWorksSign up for my newsletter https://compoundeddaily.com 👈 ------ Forbes and Bloomberg both publish lists that detail and rank the richest people in the world.These are the businesses most popular publications and for good reason. Forbes and Bloomberg both want to be the brands people think of when they think information for rich people and about rich people, and what better way to market that idea than a list.People like top ten lists and people like reading about rich people, it’s no wonder that there are endless copycats out there tracking everything from the richest influencers to the richest chefs.But if I asked you what your net worth was, you probably wouldn’t know, and the only way you would accurately be able to find out is by accessing a lot of personal financial information.So how do the reporters for Forbes, Bloomberg and TMZ work it out?#howmoneyworks #billionaireEdited 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

Yes... People ARE Angry🔒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.comSign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut @HowHistoryWorksUncutEdited 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.#finance #economy #moneyFor some reason everybody keeps asking if “you feel better today than you did 4 years ago”, and for many people, the answer is pretty clear…Prices for everything they are buying have stabilized but they haven’t gone back DOWN, The AVERAGE household is now making more than ever before but the MEDIAN household is still worse off in real terms than they were in 2019, which means a lot of people are just falling further behind.That is, they are falling further behind the small group of households pulling the average up, and they are falling further behind on their own personal finances.Household savings have been eliminated while credit card debt has climbed to its highest level in HISTORY, housing is less affordable than ever ESPECIALLY for people who weren’t lucky enough to lock in generationally low interest rates, And the job market has become filled with automated systems, endless interviews and roles that never really existed.Unemployment may be down but that data point completely ignores the millions of people who have simply given up.There are a lot of REAL problems hurting a lot of real people… and the worst possible thing you can do… is tell them how great everything is and how grateful they should be….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

WTF Happened To The UK?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

People Can't Afford to Retire... Millions Are Doing It AnywayGet 50% off your first order of CookUnity meals — go to https://cookunity.com/money50 and use my code MONEY50 at checkout to try them out for yourself! Thanks to CookUnity for sponsoring this video!Sign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://howmoneyworkslibrary.com/My Other Channel: @HowHistoryWorksUncut Channels: @HowMoneyWorksUncut @HowHistoryWorksUncutEdited 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.#career #retirement #financeI don’t know if you’ve noticed this, but, everybody is getting old…This year a record number of people will be turning 65, and next year that record will be broken again.We have been warned about aging populations for decades… and now… it’s actually happening…Unfortunately, the savings retirement gap for millions of households is wider than it ever has been, and people’s assets have been eaten up by inflation, bad investments, and good old fashioned financial illiteracy…Over 20% of people on the cusp of retirement have no savings AT ALL… but that isn’t stopping them…Millions of people across the world can’t afford to retire, and they’re doing it anyway… so what does this mean for everybody else?If people lose their jobs over the age of 50 they are almost forced into retirement whether they can afford it or not…So it’s time to learn How Money Works to find out what this means for everybody else supporting a growing group of people, that can’t support 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

The Lies You Have Been Told About Side Hustles & Multiple Streams of Income - How Money WorksClick the link to check out Storyblocks and sign up for the Unlimited All-Access Plan: https://storyblocks.com/howmoneyworksSign up for my newsletter https://compoundeddaily.com 👈 ___________________________________________________________________________Side hustles and hustle culture in general might look harmless, after all what’s the problem with motivated individuals doing a little bit of extra work to put some more money in their pockets? Maybe side hustles can do some good, and I promise I will look at some examples that do genuinely make some sense in this vide.But as always my main goal is to try and ruin a good thing and show you that this push to normalize and incentivize side hustles is something we probably shouldn’t be too excited about.#HowMoneyWorks #SideHustles #RiseAndGrind ___________________________________________________________________________Link to my brand new Patreon 👉 https://www.patreon.com/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

Uncover the astonishing tale of $2.3 trillion that vanished within the military budget, sparking public outcry and conspiracy theories. Explore the amusing absurdities, like a $10,000 toilet seat, highlighting the chaos of military spending. Delve into the baffling accounting challenges faced by military accountants and the outdated practices that led to such staggering discrepancies. This financial fiasco invites a critical examination of accountability and the role of money in politics, leaving listeners questioning the integrity of defense finances.

How Getting Rid of ALL Managers Made These Companies Record Profits - How Money WorksClick the link https://vessi.com/HMW and use my code HMW for $25 off each pair of adult Vessi shoes! Free shipping to CA, US, AUS, NZ, JP, TW, KR, SGPSign up for my newsletter https://compoundeddaily.com 👈 ---- If a company is set up properly people really can just come into work, do their job and go home without layers of authority on top of them micromanaging their every move, getting in the way of actual business operations, and taking home the biggest salaries in the office.Bad management can ruin even the best ideas, and end up costing their companies lots of money in the process, about three trillion dollars a year according to recent studies, which is why some companies are starting to rethink if the hierarchical business structure is a thing of the past.In a typical business management is responsible for choosing the direction of the company, training their subordinates and providing them with the tools they need to move the company in that direction, rewarding employees that excel in their work and punishing employees that don’t meet their standards.These five tasks encompass everything that a manager is responsible for, and they ARE all very important roles in running a successful business so it’s not like the role of a manager is redundant by default, BUT some companies are starting to realize that these five tasks can be without a manager at all, often with better results. ----- #howmoneyworks #management #businessEdited 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

WTF Do Think Tanks Actually Do?To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription.Sign up for our FREE newsletter! - https://www.compoundeddaily.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.#business #finance #career------ Think tanks are legitimately some of the most powerful organizations you have never heard of. They play a key role in influencing local, state, national and even global policy by hiring the smartest people in the world and paying them huge salaries to argue their point of view into the ears of people with power. Some of the biggest think tanks in America have more influence over legislation than our elected officials and have become so integrated into the political process that Washington would grind to a halt without them. It’s easy to see why people believe that think tanks are shadowy organizations pulling the strings of power, while insiders claim that they are just a cog in the machine keeping democracy intact…But what the do these organizations actually do?Politicians create laws in so many diverse fields that it’s literally impossible for them to actually understand most of it. If you woke up one day and found yourself elected to federal congress then you are going to need to review bills that get introduced so you can make an informed vote to pass or block it. But when the men and women who decide how the country is being run rely on unelected experts getting huge salaries from… somewhere?… you already know that there are going to be bad outcomes, but I am here to tell you that… it’s even worse than you think…So it’s time to learn How Money Works to find out what think tanks actually doFollow 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 Going Broke Is Only For Poor People - How Money WorksGet access to a totally free high quality newsletter every morning by signing up to The Daily Upside at https://bit.ly/386hAziSign up for my newsletter https://compoundeddaily.com 👈Rappers, boxers and even former presidents have all gone bankrupt at one point or another and yet, outwardly, it looks like nothing has changed for them. Worse still there are people like Jordan Belfort who have been forced into bankruptcy because of the criminal nature of their fortunes, yet today are still living lives that you or I could only dream of.So what gives? Are the rules different for the rich even when they are going broke? Or is this just another example of rich people using their army of lawyers to get out of taking responsibility.Well, believe it or not it’s actually so much worse than that.___________________________________________________________________________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 podcast dives into the ups and downs of luxury investments, revealing how items like G Class Mercedes and Rolexes have lost significant value recently. It humorously discusses the comfort found in other people's financial missteps, while warning about the risks of investing in luxury resale markets. Attention is also given to speculative investments that resemble financial lottery tickets for some. The evolving landscape of personal finance is explored, highlighting how many are turning to high-risk options to combat debt in today's economic climate.