
How Much is $1M Worth Today?
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About this listen
Todays episode is stemming from the recent talks in media about the economic shifts happening in the world. BRICS Nation (a faction of nations/intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates) is making significant strides as they are straying from the US Dollar. Our money in the States is weakening with inflation everyday. The question then becomes, how much is $1M worth? Too many middle classes and lower class citizens still consider it to be a breakthrough and financial gamechanger to possess such funds. On the other hand, the rich and wealthy operate at such an advanced financial level that a million dollars in some cases is ridiculous to mention certain circles as means to ply. Certainly, media has its timeless way of spinning the conversation to the various groups being affected these economic change ups. We can only give our opinion and advise the best practices in being financially responsible at all times.
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