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Why Americans Have No Savings and Record High Debt
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Americans are in one of the worst places financially they've been in, maybe ever.
We're seeing THREE major things happening right now as a result of the whole monetary policy, fiscal policy, inflation, and shortages mess.
We're going to break down THREE metrics.
- Debt
- Savings
- Spending Habits
We're going to look at the true reason why Americans right now are in the worst financial position maybe they've ever been in.
Timecodes
0:00 Video Overview
0:37 Intro
0:41 Re-Structuring Your Portfolio
2:40 Micro Economic Data Report
5:11 Personal Savings Rate
10:55 Personal Money Management Crisis
14:51 Outro
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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.
#AmericansFinances #Inflation #Savings