In a world of statistics and reports, it's easy to get lost in numbers that barely scratch the surface of reality. I will discuss the truths that matter – the ones that are unfolding right in front of us. I can look at government data as much as I want, but what matters is what I see in front of me. We will be going over:
- Car Repos: With a staggering 20.4% increase nationwide, we only see the tip of the iceberg. The question is, what lies beneath?
- Buy Now, Pay Later: A booming trend with a 51% increase in business. But at what cost to the consumer psyche and financial health?
- Auto Repair and Payday Loans: Costs are soaring, but is anyone paying attention to the long-term effects on the average Joe?
- From Luxury Watches to Pawn Shops: A shift in spending tells more about our economy's direction than any report could.
- The Rise of Discount Stores and the Evolution of Consumer Behavior:As certain sectors see growth, what does this say about our priorities and financial stability?
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Visit Ken's Bookstore: https://kenmcelroy.com/books
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
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