One of the most basic economic concepts is the idea of supply and demand. This idea is intertwined to just about everything that we do in our financial lives. The irony is that we fail to realize that these forces, which are dictated by our behaviors in aggregate, have such a profound effect on all kinds of different financial issues. I wanted to spend today talking about supply and demand so that you can be more aware of how your money, your assets, and your debt (if you have any) are being impacted by this simple concept. Today we will discuss:
1. What is supply and demand?
2. How do supply and demand work together to impact our financial lives?
3. Where are supply and demand's greatest effects realized?
4. How can our understanding of supply and demand inform our financial decision-making?
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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in Monday as we talk about not outliving the amount of money that you save for retirement. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)