6 WAYS Modern Life CAN KEEP US BROKE (and how to overcome it)

2 years ago
3

Struggling to get out the pay cheque to pay cheque cycle isn't easy and society around us in western life could be setting us up on default that this is the normal way like should be. In this video we talk about some of the common ways that modern life has set us up to feel broke regularly and what we can do to overcome it.

Timestamps
00:00 How Modern Life can be keeping us broke every day
02:00 Minimum Wage not enough to live
07:06 Lifestyle Choices
08:08 Convenience at a Premium Cost
08:52 Monthly Payment Marketing
10:02 Social Media Advertising
10:56 Easy to Get credit cards and debt
13:01 Living Cost/Inflation Vs Salary
14:03 Mindset Poverty
15:00 What can we do to overcome it?

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I'm Jennifer Kempson, Scottish Mum, Engineer and full time Investor/Entrepreneur/Author/Financial Educator. I make videos about personal finance, investing, entrepreneurship, and lifestyle design. I also have a weekly podcast with my husband Matt called The Prosperity Project. We have two small boys and live in Glasgow, Scotland, UK. Together we paid off £24k+ of consumer debt in 2016, built a 6-figure side hustle in 2 years and aiming to be mortgage free and financially free in 2021.

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