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[EP 19] The Current State of the Economy as of April 2024 - with Tim Turley
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[EP 19] The Current State of the Economy as of April 2024 - with Tim Turley
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À propos de cet audio
What is the current state of the economy as of April 2024?
In this episode of the Money Maverick podcast, we cover:
- How the US dollar has lost 25% of its purchasing power since January 2020, leading to increased costs for everyday items.
- Why a significant number of college graduates are working high school level jobs, indicating a lack of value in certain degrees and a need for a more practical skill set.
- Why home prices are rising faster than wages, making it difficult for young people to afford homeownership.
- Traditional financial advice that promotes investing in the stock market and relying on compounding interest may not guarantee a respectable retirement.
- Why financial discipline and education are crucial for making sound money decisions and securing a stable financial future.
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