Why is Company Management Always Terrible? - 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/386hAziSign up for my newsletter https://compoundeddaily.com 👈In a recent study conducted by MIT American workers identified management and the culture they create as the reason they were looking for a different job ten times as frequently as workers who were looking for another job to get a pay increase. Good managers do exists, but even if you are lucky enough to find one, they are often stuck dealing with poor management of their own that trickles down throughout an entire corporate structure. In an age where staff turnover is costing businesses billions of dollars a year you might expect that companies would do their best to address this problem, but even companies like Google, and Apple that do their absolute best to create world leading working environments are still called out for toxic leadership. It’s not just staff turnover either, management structures determine the direction of companies and it feels like every other week their poor performance is the reason behind a company going under. So why do managers always suck? Well believe it or not science has the answer. ___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices
How The Big Short Actually Worked Get 25% off Blinkist premium and enjoy 2 memberships for the price of 1! Start your 7-day free trial by clicking here: https://www.blinkist.com/howmoneyworksSign up for my newsletter https://compoundeddaily.com 👈--------The Big Short with it’s all star cast recounts the events of three groups of traders that bet against the housing market in the years before the sub prime mortgage crisis that would eventually result in the failure of key financial institutions. The Big Short is unique as a high budget Hollywood production that actually takes the time to properly portray the way that finance really worked behind the scenes and uses financial events to progress the plot rather than focusing on wild parties, sports cars and sexy ladies like some other movies that took a very different approach to storytelling. Similarly to the Wolf of Wall Street, the big short is a move based off a book only the wolf of wall street was an autobiography written by Jordan Belfort himself and The Big Short: Inside The Doomsday Machine, was a standard non-fiction title that described the role of several players in the creation of the credit default market betting against the American housing market. The Big Short was written by Michael Lewis, a veteran financial journalist and the book really does read like a 320-page financial article, in that it’s very information dense but also very well researched and verified. For this video we will only be looking at the players that are in the movie, but the book does go into detail on some people that were either entirely cut from the film or merged into other characters to make the movie entertaining to a broader audience. Unfortunately, in the process of making it appealing as possible to cinema goers the movie did cut out some very important details, and also just straight up got some things wrong. So, it’s time to lean How Money Works and give you guys the investment banker’s insight into what really happened in the Big Short. #thebigshort #investing #finance -------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
How Everything Became A Subscription. Go to https://buyraycon.com/hmw to get 15% off your Raycon purchase!Sign up for my newsletter https://compoundeddaily.com 👈-----Why is everything a subscription? Subscription services are everywhere effecting personal finance the average person is now spending $273 a month on subscriptions and at the same time less than one third of them could afford a $1,000 expense without going into debt…This only includes software services like netflix, disney plus, hulu, spotify, adobe, apple music, xbox games pass and others. It does not include other recuring expenses like gym or club memberships. Service companies are doing this to attract venture capital investment. These investors favour subscription businesses because they provide consistent cash flows and can be scaled rapidly before being sold through a traditional IPO, a SPAC or to a private equity fund. But these businesses are not always perfect and there are some products that just make more sense to sell through a one time direct sale. So it’s time to Learn How Money Works to find out how everything became a subscription. ----#finance #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
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/@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
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. 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 Billionaires Are Desperate To "Live" In Florida Thanks to MANSCAPED for sponsoring today's video! Give your boys the love they deserve. Get 20% OFF + Free International Shipping with promo code "HMW20” at https://manscaped.com/howmoneyworksSign 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.#billionaire #florida #business -----Last month Jeff Bezos settled on this ninety MILLION dollar [$90,000,000] mansion on Indian Creek Island in Miami. That is the THIRD eight figure property purchase the Amazon founder has made in Miami in just the last 12 months. But the billionaire migration to Florida is making even Jeff's two hundred million dollar portfolio of properties look downright modest. According to the New York Post, Citadel Securities CEO Ken Griffin has purchased SEVENTEEN oceanfront estates, some worth as much as a hundred million [$100,000,000] individually. He is now knocking them all over to make way for one for one single beach house for his retirement, that is estimated to be worth more than a billion dollars once complete. None of these billionaires are native Florida men, but it’s not the sand and the sun that’s bringing them down there. So why are billionaires scrambling to get into Florida all of a sudden? While other parts of the country are cracking down on billionaires and their extravagant lifestyles, Florida is trying to make itself the perfect hideaway for them and their money. According to the LA Times the Mayor of Miami actually personally courted Elon Musk encouraging him to move his primary residence and businesses to the city. South Florida WANTS to be the perfect place for you to live… IF you're extremely wealthy. Miami has always been a popular destination for the ultra wealthy to spend their summer vacations. According to data collected in a study by the global wealth management firm Henley and Partners, and compiled by Visual Capitalists, Miami is the most popular vacation destination for the world's twenty five thousand [25,000] Centi-Millionaires.Those are people with a net worth of one hundred million dollars or more… In the past most of these ultra high net worth individuals would return back to their REAL jobs in REAL cities like Seattle, New York, San Fran or LA. BUT NOW they are moving to Miami for good, and they are doing it for three surprising reasons. The first reason is that Florida is a safe haven for wealth. But using Florida as an asset bunker is just the first reason, so it’s time to learn How Money Works to find out why so many Billionaires are desperately rushing to make Florida their home. 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 Tax System is Broken... In Just The Right Way Looking to grow your business online? Get started today with a free 14-day trial from Odoo: https://www.odoo.com/r/xwl------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.#tax #finance #money ----The Federal Tax Code when written out from beginning to end is about two thousand six hundred [2,600] pages long. Depending on who you ask it can be as SEVENTY THOUSAND [70,000] pages IF you include all of the relevant legal rulings on the contents of the code itself. This snowballing complexity would be a big enough headache by itself, BUT the biggest problem of all, is that the Federal government only collects about a dozen different taxes… The guidelines on what these taxes are, how they are calculated and how they are collected take up a total of about 250 pages… everything ELSE in the code is allowances, credits, deductions, offsets, incentives and deferments. And that’s just FEDERAL taxes, things become EXPONENTIALLY more complicated when local and state taxes are included as well. Now it doesn’t matter if you believe that all taxes are theft, or if you think that the rich should be taxed out of existence, the CURRENT system is broken in JUUSSTT the right way.Ok so it’s no secret that tax loopholes benefit the rich… and that’s for TWO reasons… HOWEVER most people choose to just focus on one. The first reason is because wealthy people can afford to pay the billable hours of accountants and tax lawyers to set up their personal finances and business structures to take advantage of these loopholes. According to the National Association of tax professionals the average cost to prepare an individual tax return in America in 2023 was two hundred and forty eight dollars [$248]. That’s ALREADY more expensive than it should be BUT tax services go way up from there. Tailored tax services that submit the paperwork required to take advantage of some of these loopholes can cost tens of thousands of dollars every year to put together. That means that it’s only worth it for people that can save hundreds of thousands of dollars in tax by diligently structuring their affairs. The SECOND reason that tax loopholes only benefit rich people is because… they are the ones that pay tax. But distorting already highly problematic markets is just the first problem with the loophole arms race. So it’s time to learn How Money Works to find out why our taxes are so hard to fix. 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
9-5 Jobs Are Great Actually - How Money Works 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 👈-----Honestly, sometimes jobs can really suck. Commuting an hour a day to spend eight hours in an office for five days a week all with little to no flexibility, is not most peoples idea of a life well spent, especially since the dream of retirement is going the same ways as the dream of home ownership for young workers. So when an alternative is presented, it’s easy to see why these ideas sell so well. But that’s exactly the point, disliking your job is just part of a sales pitch. #howmoneyworks #career -----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
If AI Takes All Of Our Jobs... Who's Going To Buy Everything? 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/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.#money #automation #career -----Companies have been trying to cut down on workers for as long as those workers have demanded pay and benefits. Whether it’s downsizing, outsourcing, streamlining, understaffing, or automating, if there is something a business can do to get rid of workers and their salaries, you better believe they are going to do it. But this time does feel a little bit different. Recent AI advances have been mocked for not quiet living up to the bold claims of their tech bro founders. But even in their current, imperfect form, LLM’s, general use robots and generative models are ALREADY replacing jobs and they are getting better every day.So that’s bad for workers, but if you are a senior corporate executive or company owner, maybe you should be asking yourself…If we automate everybody’s job… who is going to buy all of your stuff? I have some good news and some bad news for your theoretical company. The good news is that labor reduction systems of all varieties have ALREADY cut out millions of manhours in America alone and made the workers who are left more efficient at their jobs. Artificial intelligence is just another tool that your company can use to get more work out of fewer staff or replace teams entirely. Even here at little old works media group we used to have someone working part time whose job it was just to cut out images on Photoshop to use in our goofy little animations. Now Adobe Suite has inbuilt AI features which can automatically remove backgrounds from any image with absolutely no human time or skill involved. Now if you still think that sounds a bit depressing, well welcome to this channel, but also, I should tell you that market trends say this is already happening… AI isn’t going to change YOUR world, it’s just going to continue a trend that’s been happening for years now. So it’s time to learn How Money Works to find out if how companies are adapting to a world where nobody can afford anything anymore. 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
You Suck at Investing. 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 👈-----Investing is the most important thing you can do to reliably build wealth during your life. The only problem is… you inevitably suck at it…The S&P 500 has a historical average return of 10.4% over the past 100 years, even when including all the major stock market downturns during that time. $10,000 invested in 1972 would be worth $1.7 Million today. But look around, and you will be hard pressed to find anybody who has made themselves wealthy EXCLUSIVELY through diligent investing practices.Research done by Dalbar Inc an investment research firm found that the average equity fund investor only made average annualized returns of 4.25% over the past 20 years. To understand how big a difference this truly is, the same investor getting those returns would only turn their initial $10,000 investment into $83,000 today over the same 50 year period.People are terrible at investing, YOU are terrible at investing, and even finance industry professionals are buy and large… terrible at investing. The only real solution is to stop trying. #Investing #PersonalFinance #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
If You Want To Be a CEO Become An Engineer First - How Money Works Thank you Helix for sponsoring! Visit https://helixsleep.com/howmoneyworks to get up to $200 off your Helix mattress, plus two free pillows #helixsleep Sign up for my newsletter https://compoundeddaily.com 👈-----Tim Cook the CEO of apple was awarded 853 MILLION dollars in total compensation for his work in 2021. Mr Tim Apple wasn’t even the biggest earner last year, Rivians CEO Robert Scaringe took home two point three billion dollars in compensation and the one and only Elon Musk was awarded more than ten billion dollars in Tesla Options.Perhaps these two are a little more deserving because they were the founders or very early personal investors in highly risky companies utilising unproven technology. But most CEO’s didn’t take such personal risk and many are still enjoying nine figure salaries. This isn’t another video to complain about how unfair it is that the average fortune 500 CEO now earning more than 324 times the median employee at their company, we have heard it all before and it doesn’t look like its going to change any time soon no matter how much the internet complains about it. Now would be a good time to remember the age old anecdote, if you can’t beat them, join them. So it’s time to learn How Money Works and get yourself a step by step guide on landing a job as an egregiously overcompensated corporate fat cat CEO#howmoneyworks #ceoEdited 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 Influencer Bubble - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈Just ten years ago the very top Youtubers on the platform were mostly filming out of modest apartments, doing average skits, and living lives pretty similar to you or I. Almost all of them had regular day jobs and posted to the internet because they found it fun, or at the very most because it could earn them a little extra side money. Contrast that with today where some Influencers have the same reach, notoriety and income as top athletes, singers and movie stars. #HowMoneyWorksLink to Modern MBA https://www.youtube.com/c/ModernMBA___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic SoundStock 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. - Learn more about your ad choices. Visit megaphone.fm/adchoices
Being Single Is Now An Unaffordable Luxury Try Rocket Money for free: https://RocketMoney.com/HowMoneyWorks #rocketmoneySign up for my newsletter https://compoundeddaily.com 👈-----Being single is becoming an unaffordable luxury for a lot of people. The cost of everything is exploding right now and without a partner to share the financial burden with, single people are financially falling behind their friends who are in consistent relationships. Being able to combine incomes and share expenses is only where the subtle advantages start as well. Multiple studies by world renowned institutes in multiple countries have found that traditional married couples even earn more on average than people who are single.Interestingly the reasons the researchers found for this pay gap were causal, which means that it wasn’t just that richer people were more likely to get married, it means that being married on average gives people key benefits that lets them earn more money during their career. The gap between couples and singles is only growing and to make matters worse the cost of dating is ALSO increasing at an alarming rate. This means that the financial benefits of long-term relationships are now, more than ever, disproportionately going to go to those people who are financially stable enough to be able to play the dating game. We must also remember that there are lots of people who want to remain single, and even more worryingly, there are lots of people that are in relationships that would like to get out of them if only they could afford to. So it’s time to learn How Money Works to find out how being single became an expensive luxury and why traditional couples on average end up so far ahead. #personalfinance #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
Has America Drowned Itself In "Luxury" Housing? 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/ 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. #housingmarket #realestate #money ------ So the solution to the problem of unaffordable housing seems so simple right? Just build more houses! Well we have been… New construction is approaching the highest rate it has been since the 2008 crash, and that's DESPITE record high construction costs that came about because of disrupted supply chains. The problem has been… if we were building the right KIND of housing. As costs rose and margins shrank, the only kind of property that remained profitable to build was LUXURY property… and now we have found ourselves in a strange situation… We might have too many houses. Now I know what you’re thinking, sounds great right? Wrong! Despite all of this new development, we are still short about 4 million homes by most estimates, and if developers can’t sell the “luxury” homes they have already built, it’s much less likely they will build the other homes we actually need. 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
How America Got So Good At Buying Sh*t Sign up and download Grammarly for FREE: http://grammarly.com/howmoneyworks-----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 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 #consumerism #wealth ------Americans are the best consumers on the planet and it’s really not even close. The runner up is China, and they spend less than a THIRD of what we do in any given year, even though they have almost five times as many people. It might not always feel like it, but by global standards we are incredibly rich, we LOVE buying shit, and we aren’t afraid of going into debt to keep doing it. More of our economy depends on the consumption of goods and services than basically any other major country around the world… but this has to have a limit right? As a direct result of our insatiable desire to consume, our household savings rates are now the lowest they have ever been, and high risk, high interest consumer lending has surpassed a trillion dollars. That doesn’t include things like car loans, home loans, student loans, medical loans or informal lending like buy now pay later, which are also approaching all time highs…So what is going to happen to the best consumers on the planet, if they can’t afford to consume any more? And more importantly… could we solve all of our problems by just… buying less junk 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 Slow Collapse of Long Term Planning Try ZipRecruiter for FREE at https://www.ziprecruiter.com/howmoneyworks------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 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.#stockmarket #economy #business -----While everybody and their chainsaw is fixated on US federal debt, there is another type of debt that has grown just as fast, and is most likely a bigger problem… Business debt is now at all time highs and is approaching 14 TRILLION dollars in America alone. Unlike the government, private businesses don’t have the luxury of printing their own money in an emergency, and as interest rates have risen they are starting to feel the squeeze. To make matters worse most of this money hasn’t been used to make productive investments, it’s been used for “financial engineering” to make investors happy… in the short term. This trend is the result of a business strategy that can explain the stagnation of companies like boeing, intel and general electric, it’s largely responsible for increasingly unstable stock markets AND it’s also making that other debt situation much worse. Now the best part is that this has been tried many times before and people KNOW that it’s not sustainable… but that’s a problem for next quarter… 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
Investors Are Trying to Make Money By Doing The Opposite Of Jim Cramer - How Money Works Go to https://bit.ly/3Bo4vh9 and use code HMW to get 15% off ClickUp's massive Unlimited Plan for a year! Start reclaiming your time for less than $5 a month. Hurry offer ends soon.Sign up for my newsletter https://compoundeddaily.com 👈-----Mad Money is a finance television program that has been running for 17 years on CNBC and is hosted by this man, Jim Cramer, a former Goldman Sachs trader and hedge fund manager turned reality TV star. He was the OG personal finance personality. Cramer has by all accounts had a very successful career, according to his own records his hedge fund returned 24% annualised returns over his 14 years managing the fund, which netted him around TEN MILLION dollars a year in take home pay. His experience on wall street and strong personality made him a great pick to host a TV show which has performed very well over the years it has been on air, even if it’s not for the best reasons. The show runners and Cramer himself have said that the stocks they discuss should not become a major part of a viewer’s portfolio and that people’s life savings should be made up of a low-risk diverse selection of stocks, bonds and real estate. But this sounds familiar, doesn’t it? This is just the TV show version of, “hashtag not financial advice”.It’s difficult to watch, because a confident looking man that positions themselves as an authority on the subject talking about how a stock is about to make everybody rich is going to make some people buy in no matter how many disclaimers are made. His catch phrase is “I just want to make you money”-----#howmoneyworks #finance #investing 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
Fraud Has Cost You Your Financial Future Click here https://bit.ly/HELLOMONEYDEC and get 65% off with my code HELLOMONEY if you’re in the US but wherever you’re watching from you will also get a very special discount as it’s valid internationally!Sign up for my newsletter https://compoundeddaily.com 👈-----With the collapse of FTX, the conviction of Elizabeth Holmes and the widespread rejection of everything NFT all happening within the space of a month, financial fraud is once again big news, and it should be because it is costing you your financial future. This is not your imagination either, incidents of identity theft, wire fraud, investment scams, pump and dumps, Ponzi schemes, phishing attacks, and sophisticated hacks are all at all time highs. Fraud cost Americans a total of 5.8 BILLION dollars in 2021, and most trackers suggest that number will be even greater this year. these stories can be easy to ignore because the victims of these crimes often had to, frankly, be pretty stupid and financially illiterate to get caught up in them. Anybody who has been anywhere near the internet in the last 20 years should know by now you don’t send money to Nigerian princes with yahoo email accounts or corporate executives playing league of legends during an investor meeting. It’s all pretty common-sense stuff, and you might then incorrectly assume that the rise in fraud is of no concern to you. When you really think about it that 5.8 Billion dollar figure sounds bad, until you work out that that’s only $17.50 per American for an entire year, not to flex too hard but I have spent more on a Starbucks coffee before. It’s hard to see how such a small cost could be doing something as severe as costing young Americans their financial futures, but it is.So it’s time to learn How Money Works, to find out why you really need to start taking stories about fraud personally, even if you never think that you would be dumb enough to fall for these schemes yourself. -----#fraud #finance #business 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
Porsche is a Hedge Fund That (Sometimes) Makes Cars - How Money Works Enjoy high quality publications in audio by using this link to get 1-month FREE of NOA. Https://bit.ly/3KrES1CSign up for my newsletter https://compoundeddaily.com 👈___Link to the history video https://www.youtube.com/watch?v=FiR5hdXZv3AWhen you think of Porsche you probably think of fast cars, and finance bros. Porsche's are expensive but decidedly less flashy than their Italian rivals so they do well with the people that want an expensive sports car but don’t want to explain what they do for a living every time they stop t a gas station. What you might not know is that Porsche and the finance bro’s that enjoy the fast cars they make have more than a producer customer relationship. Porsche is itself, effectively an investment firm that happens to occasionally make cars on the side. If you weren’t confused already, Porsche Automobiles is owned by the Volkswagen group, the company that makes the golf and the beetle, but the Volkswagen group, is owned, by Porsche. You can also buy shares in Porsche, as well as Volkswagen because they are both public companies listed on the Frankfurt stock exchange, however, Volkswagen has announced plans to take Porsche public at the end of the year, even though it already is a public company. This corporate mess is only where the weirdness begins, because besides making cars Porsche has investments in companies that make commercial 3D printers, laser systems, and satellite launch platforms. #business #finance #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
How Fines Became "The Cost of Doing Business" Thanks to MANSCAPED for sponsoring today's video! Get 20% OFF + Free International Shipping with promo code "HMW20" → https://manscaped.com/howmoneyworks-----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 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.-----In 2012 the Hong Kong, Shanghai Banking Corporation best known simply as HSBC was charged by authorities for aiding and abetting the operations of some of criminal cartels between the US and Mexico.Corporate personhood is the legal notion that corporations have many of the same legal rights and responsibilities enjoyed by natural flesh and blood people. They can own property, sue and be sued, donate to political campaigns, and even have defended religious beliefs… … but if a normal person was found laundering money for cartels and the North Korean Nuclear Program, they would be living it up, here in ADX Florence IF THEY WERE LUCKY. HSBC on the other hand still operates across the world, and their punishment for these crimes would be like a normal person getting a fine for roughly 2 months of their wages…So if corporations are legally people… why can’t they be arrested? If companies see fines as “just the cost of doing business” what reasonable punishments are there for organizations that break the law which DOESN’T just end up punishing innocent employees and the wider economy more than it does the people with actual discretion over how these companies act? 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