GeoPulse : Learn how to take control of your money with smart personal finance strategies, simple investing tips, and daily money hacks. In this video, we break down todayβs financial news and give you practical steps to grow wealth, save smarter, and invest wisely.
π Covering the latest from the U.S. economy, stock market updates, and financial trends that matter for everyday people worldwide. Perfect for anyone looking to build wealth, understand money, and make smarter financial decisions.
π° Topics we cover: β’ Personal finance & budgeting β’ Stock market & investing β’ Real estate & housing market β’ Credit cards & saving tips β’ Money mindset & wealth building
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00:00It's not fair to compare a small number to a big number and say that because they're both experiencing the same growth rate, that everything is perfectly fine.
00:09Because eventually it won't be. And here's why.
00:12If the median income is $45,000 a year and the median home value is $450,000, a 10% increase to both would mean a $4,500 raise for the 45k and a $45,000 increase to the home values.
00:27We are comparing $4,500 against $45,000. That is a 10x difference.
00:34That bigger number is growing much more meaningfully for that 10% than that smaller income number.
00:41There comes a point at which that bigger number will outpace the smaller number to the point where the smaller number is completely insignificant and mismatched.
00:49I feel like we're coming to that point if we're not already there.
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