http://NewClassRising.com/141 - Millennials today are leading the way in Home Equity Lines of Credit. According to TD Bank, millennials are tapping into home equity line of credit 2 times faster than Gen X'ers and more than 9 times as fast as baby boomers. The reason, "experts" claim" - millennials just want to upgrade their crumbling homes. How is this possible when millennial student loan debt, credit card debt, and car loan debt is at all time record highs?  It looks to me more like millennials are strapped for cash and are instead opting to boring on the cheap to pay of more expensive, higher-interest debt.

141: Millennials Lead the Way with Home Equity Lines of Credit

The New Class Rising Podcast was created of today's struggling Middle-Class. You've always followed life's advice -  you've gone to College, put in the hard work, have earned that Corporate J.O.B but now you find yourself  struggling to stay afloat in this economy that is only producing a declining standard of living, year after year. 

Today's Middle Class is buckling under the pressure of Student Loan Debt, Credit Card Debt, Taxes, a higher Cost of Living, Diminishing Wages and a downsized Job Market. At the same time, Government National Debt is the highest in our Country's history, Government spending domestically and abroad is rampid, resulting in nonstop money printing - Inflation, which is a ghost tax on Middle Class income. 

Prices for food, energy and everyday living expenses are rising faster than ever before and America's Middle Class family who works for a paycheck is red-lining - America's Middle Class is being wiped out.

But something extraordinary is happening! While America's Middle Class is being destroyed - A New Class is on the Emerging!  

The New Class Rising podcast brings you Commentary on Internet Business and Economics and Interviews with real Internet Entrepreneurs who broke free from the normalcy paradigm and who are 'killing it' in their businesses.

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In the third quarter of 2018, the central banks of Russia, Turkey, India and other countries went on a splurge of gold buying. Collectively, five major countries including India, Russia and China demanded 33% of all of the gold mined out of the ground this last quarter. The question is, why are these major economies splurging on gold at a time when the U.S dollar is on the rise? In this episode of the show discuss why this is happening, why this is going to deal a big blow to U.S economic dominance and why this is of the upmost importance to you and me.    Support the show on Patreon Follow me on twitter: @HectorJ_Mises Show notes: http://www.NewClassRising.com/152 YouTube video podcast Get my Book: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur

152: The seeds of the end of U.S dollar hegemony have been sowed

In this episode of the show I am sharing my #WalkAway story. There is not intro or outro music because I basically took the audio from the video I published but I wanted to share this as an episode for you to view. Do you have a #Walk Away story? Buy my eBook: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur Follow me on Twitter: @HectorJ_Mises Show notes: http://NewClassRising.com/151

151: My #WalkAway story

On this episode of the show I am sharing what the #WalkAway movement is all about and why I think it is important to aspiring entrepreneurs everywhere.    Buy my eBook: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur Follow me on Twitter: @HectorJ_Mises Show notes: http://NewClassRising.com/150  

150: The #WalkAway Movement  and its importance to aspiring entrepreneurs

On this episode we are talking about the student loan debt problem that is facing America and the long term impacts that this is going to have not just on individuals but on the economy as a whole.  Get my eBook: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur   Follow me on Twitter: @HectorJ_Mises

149: Student Loans: The problem that won't go away

Imagine you are taking a walk through your neighborhood. It's a unusually breezy, but warm summer evening and you happen to run into a neighbor. You stop to chat for a bit and during the discussion you start talking about finances.  You're neighbor tells you, "Yes John, I jut hit a big milestone in my life. I've paid off my mortgage, student loans and all of my credit card debt.  The only thing I owe now is just a $2,000 car note and I I'll be scot free" By this time next month, I will be debt-free and ready to build up my savings and nest egg even more.  You wouldn’t say "Jeez. I'm sorry to hear that. These must be tough times. What happened? Is there anything I can do for you? Thankfully, things are going great on my end. I owe $350,000 on my mortgage, added another $10,000 in credit card debt and my student loans, well, I'm thinking about going back to school for another $50,000. Things just couldn't be better!" but that's what Keynesian economist want you to believe.  On today's episode I you'll learn:  My top 3 reasons for why American's have now incurred over $1T in credit card debt 3 ways to pay-off credit card debt faster    Video Podcast:https://youtu.be/MD_hhmbYdxk Follow mean twitter: @HectorJ_Mises Show notes:  http://www.NewClassRising.com/148    

141: Millennials Lead the Way with Home Equity Lines of Credit

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