使用Player FM应用程序离线!
What's Happening to the Middle Class? | Episode 472
Manage episode 421910917 series 1082285
If the money you save isn’t earning anything, it is losing value. That’s horrible news, but it’s the truth.
We were on a business call with Alex just the other day and he asked, what is happening to the middle class?
Middle class is defined largely by household income adjusted for household members. Anything from about 50k/150k of income per person is considered middle class right now.
The most obvious thing that hurts the middle class is Inflation.
Inflation is stealing the value from your money every day and if your savings can’t outpace inflation, or at least keep up with it, you are falling behind.
Follow the Wealth Talks Podcast on:
Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==
Facebook: https://www.facebook.com/profile.php?id=61554798231074
Listen to the Wealth Talks Podcast on:
Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163
Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8
Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu
Watch on YouTube: https://www.youtube.com/@wealth-talks-podcast
491集单集
Manage episode 421910917 series 1082285
If the money you save isn’t earning anything, it is losing value. That’s horrible news, but it’s the truth.
We were on a business call with Alex just the other day and he asked, what is happening to the middle class?
Middle class is defined largely by household income adjusted for household members. Anything from about 50k/150k of income per person is considered middle class right now.
The most obvious thing that hurts the middle class is Inflation.
Inflation is stealing the value from your money every day and if your savings can’t outpace inflation, or at least keep up with it, you are falling behind.
Follow the Wealth Talks Podcast on:
Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==
Facebook: https://www.facebook.com/profile.php?id=61554798231074
Listen to the Wealth Talks Podcast on:
Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163
Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8
Youtube Music: https://music.youtube.com/playlist?list=PLwU1nBBz00on-wImV9bLClndzJhc0a2eu
Watch on YouTube: https://www.youtube.com/@wealth-talks-podcast
491集单集
Усі епізоди
×欢迎使用Player FM
Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。