Are you positioning yourself correctly for success

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Transcript

00:00There was a study where they looked at kids from similar economic backgrounds, aka how much money they made growing up

00:05and then how much money they went on to earn as adults, but there was one key difference.

00:08One study group was from a town where people made more money and they interacted with more people who made more money.

00:14The other was the opposite. What was the result?

00:16The group of kids that grew up in the neighborhood with more rich people had a 33% higher income by 35.

00:22That is wild. The socio-economic status of your own family is not the number one indicator of your future income.

00:29In fact, it's actually this thing called economic connectedness, which means how many rich people and poor people live by you

00:36and thus you can become friends with. So if you want to make more money, watch who you surround yourself with, but also where you live.