252: The Power Of Now

Imagine that you're paid $8.5 million - your entire life's earnings - all on the last day of your life.

But you received nothing until then.

That income really wouldn't serve you well anymore.

It's an extreme example about "The Power Of Now". 

Delayed gratification should not be a long-term condition. You get one life.

I also discuss housing affordability: which is your income, housing prices, and mortgage interest rates.

Historically, affordable homes have a price-to-income ratio of 2.6 or less.

In just three minutes time, I tell you how the Federal Reserve works. Their ¼% interest rate cut announced last week is the first cut since 2008. 

Join me in-person on our Tampa Real Estate Field Trip. Register at www.RealEstateFieldTrip.com

The Phillips Curve signifies that employment and inflation are highly correlated.

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Resources mentioned:

GRE's Tampa Real Estate Field Trip:

RealEstateFieldTrip.com

Article & Video by Keith Weinhold:

How "The Fed Works" In 3 Minutes

Book:

Eckhart Tolle "The Power Of Now"

Affordability article:

Housing Wire

Mortgage Loans:

RidgeLendingGroup.com

Turnkey Real Estate:

NoradaRealEstate.com

QRP:

TotalControlFinancial.com

JWB New Construction Turnkey:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Find Properties:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith's personal Instagram:

@keithweinhold