Heresy Financial
62% of Households Earning Over $300k Can't Pay Their Bills
Get my Hedged Hyper Growth Portfolio Blueprint for its lowest price ever: https://go.heresy.financial/hypergrowth
TIMECODES
00:00 The $300K Struggle
00:17 Study: High-Income Debt Stats
00:34 Why Personal Finance Still Matters
01:04 The Hedonic Treadmill Explained
01:46 When ...Lifestyle Creep Hits Hard
02:12 It’s Not Always Your Fault… But It Is Your Responsibility
02:23 Fed Data: High Earners Are Defaulting
02:41 The Wake-Up Call
03:11 Most People Will Be High Earners at Some Point
03:48 Why You Must Build the Right Habits Early
04:14 You Will Waste Your High-Income Years If You Don’t
04:26 Income vs Wealth: The Connection
05:02 Median Income by Net Worth
05:48 What Separates the Wealthy from the Stagnant
06:12 Income Is Necessary But Not Enough
06:39 You Can’t Save Your Way to Wealth Alone
07:00 Focus on Growing Income (Not Cutting Lattes)
07:14 High-Income Households Drowning in Debt
07:44 Credit Cards: The 21% Killer
08:06 Even Warren Buffett Can’t Beat Credit Card Debt
08:43 The Freedom of Paying Cash
09:08 But Is the Economy Really That Bad?
09:30 The Truth About US Credit Card Debt
10:01 Debt-to-GDP Is Stable
10:20 The Shocking Debt-to-Assets Ratio
10:52 The Real Progress Since 2008
11:27 Control the Controllables
11:49 Your Financial Future Is On You
12:08 Your Plan to Escape the Rat Race
My Important Links:
Get my FREE newsletter Letters From a Heretic: https://go.heresy.financial/letters-from-a-heretic
Get my Hedged Hyper Growth Portfolio Blueprint for its lowest price ever: https://go.heresy.financial/hypergrowth
Affiliate Partners:
Monetary Metals (earn yield on gold) https://monetary-metals.com/heresy-financial/
Miles Franklin (buy gold, best price) https://milesfranklin.com/heresy-financial/
Swan Bitcoin (stack bitcoin) http://bit.ly/swnhrsy
M1 Finance (invest in stocks) https://m1.finance/MNoCZwlvGStC
Socials @HeresyFinancial
Twitter: https://www.twitter.com/heresyfinancial
Insta: https://www.instagram.com/heresyfinancial
TikTok: https://www.tiktok.com/@heresyfinancial
Reddit: https://www.reddit.com/user/heresyfinancial/
Rumble: https://rumble.com/c/HeresyFinancial
My name is Joe Brown, and I'm a former stock broker who spent years advising the top 1% on how to manage their wealth. After making enough money to leave the corporate world behind, I turned my attention to teaching regular people financial strategies that exist outside the mainstream - things you'll never hear from your traditional fiancial advisor.
I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.[+] Show More
TIMECODES
00:00 The $300K Struggle
00:17 Study: High-Income Debt Stats
00:34 Why Personal Finance Still Matters
01:04 The Hedonic Treadmill Explained
01:46 When ...Lifestyle Creep Hits Hard
02:12 It’s Not Always Your Fault… But It Is Your Responsibility
02:23 Fed Data: High Earners Are Defaulting
02:41 The Wake-Up Call
03:11 Most People Will Be High Earners at Some Point
03:48 Why You Must Build the Right Habits Early
04:14 You Will Waste Your High-Income Years If You Don’t
04:26 Income vs Wealth: The Connection
05:02 Median Income by Net Worth
05:48 What Separates the Wealthy from the Stagnant
06:12 Income Is Necessary But Not Enough
06:39 You Can’t Save Your Way to Wealth Alone
07:00 Focus on Growing Income (Not Cutting Lattes)
07:14 High-Income Households Drowning in Debt
07:44 Credit Cards: The 21% Killer
08:06 Even Warren Buffett Can’t Beat Credit Card Debt
08:43 The Freedom of Paying Cash
09:08 But Is the Economy Really That Bad?
09:30 The Truth About US Credit Card Debt
10:01 Debt-to-GDP Is Stable
10:20 The Shocking Debt-to-Assets Ratio
10:52 The Real Progress Since 2008
11:27 Control the Controllables
11:49 Your Financial Future Is On You
12:08 Your Plan to Escape the Rat Race
My Important Links:
Get my FREE newsletter Letters From a Heretic: https://go.heresy.financial/letters-from-a-heretic
Get my Hedged Hyper Growth Portfolio Blueprint for its lowest price ever: https://go.heresy.financial/hypergrowth
Affiliate Partners:
Monetary Metals (earn yield on gold) https://monetary-metals.com/heresy-financial/
Miles Franklin (buy gold, best price) https://milesfranklin.com/heresy-financial/
Swan Bitcoin (stack bitcoin) http://bit.ly/swnhrsy
M1 Finance (invest in stocks) https://m1.finance/MNoCZwlvGStC
Socials @HeresyFinancial
Twitter: https://www.twitter.com/heresyfinancial
Insta: https://www.instagram.com/heresyfinancial
TikTok: https://www.tiktok.com/@heresyfinancial
Reddit: https://www.reddit.com/user/heresyfinancial/
Rumble: https://rumble.com/c/HeresyFinancial
My name is Joe Brown, and I'm a former stock broker who spent years advising the top 1% on how to manage their wealth. After making enough money to leave the corporate world behind, I turned my attention to teaching regular people financial strategies that exist outside the mainstream - things you'll never hear from your traditional fiancial advisor.
I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.[+] Show More
62% of Households Earning Over $300k Can't Pay Their Bills
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