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Matt Elson

๐Ÿ‘ค Speaker
171 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

You know, we know how we rank different countries based on GDP, and, you know, U.S.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

is number one, but then we also have happiness rankings, and, of course, America continues to fall in those rankings.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

But you also bring up an interesting one, Ben, which is, like, maybe your metric is your level of stress.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Maybe that's the thing that we're trying to gauge.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

I guess, for both of you, I'll start with you, Rami, like, what is the ultimate goal

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

When we're talking about money, what are we even trying to achieve when we talk about money?

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Ben, do you find that with your clients?

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

I mean, do you find this sort of dynamic of that kind of hoarding and saving, waiting for the thing, and then it's not even clear what that thing actually is?

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Right.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Yeah.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

I wonder if, I mean, underspending might even be a larger problem in America than overspending.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Stay tuned for more of this panel after the break.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

And by the way, we are heading out on tour at the end of the month.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

So for more info and to get tickets to a show near you, head to ProfitMarketsTour.com.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

We're back with Prof G Markets.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Ben, you pointed out some of this data in your article about where you broke down this survey.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

You pointed out that the share of Americans who say their financial situation is getting worse has never been higher.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

It's at 55%.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

And it's quite striking.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

And it coincides with these consumer sentiment surveys we've just seen, which just hit their lowest levels ever.