Why Do Rich Americans Live 10 Years Longer Than Poor Americans? - No It's Not Healthcare...

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How Money Works

How Money Works

Күн бұрын

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Why do rich people live longer than poor people?
It might sound like a silly question that you already know the answer to.
“Oh they have better access to healthcare” right?
Well no… That’s NOT the biggest factor in places like the united states, Canada, Europe and most developed Asian countries.
Instead there is something more going on here that is less obvious than rich people get treated for all of their illnesses while poor people do not.
Now this is a big deal, multiple studies have found that wealthiest 10% of people in these developed countries live around an extra 10 years more than their less wealthy peers.
What’s more is that they remain disability free for eight to nine years longer than their peers, which means not only are they living longer, they are living better lives.
Now this might sound like a uniquely American issue bit the same top 10% rule has been found to apply to other countries too. Chile is a much poorer country than the United States, but it has a longer life expectancy. That life expectancy is further stretched out by around a decade in the top 10% of wealthiest citizens, so absolute wealth and access to resources isn’t the key factor here.
With talks about retirement ages being pushed back further and further this little statistical anomaly should be something we are all paying very close attention to, because it’s actually something we can learn a lot from.
So it’s time to learn how money works to find out how it can be used to keep you living your best life for an extra decade. A special thanks as always to my channel members and supporters on patreon for making these slightly more controversial video’s possible. "
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Articles Discussed
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- • Stress, Portrait of a ...

Пікірлер: 753
@HowMoneyWorks
@HowMoneyWorks Жыл бұрын
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@schamarchie
@schamarchie 2 жыл бұрын
The biggest difference between the two types of stress is , that one is solvable. When you get a stressfull task and you solve it , it is actually healthy for your nervous system. If you are in a stressfull situation that can not be solved , you will get traumatised.
@youngthinker1
@youngthinker1 3 жыл бұрын
I understand the difference in stress between running a company and running with a company. Most folks do better when they feel like they contribute, and feel appreciated.
@omgitsgassio3191
@omgitsgassio3191 Жыл бұрын
@@EmilyGloeggler7984he said most folks for a reason emily…
@alexanderlyon
@alexanderlyon 3 жыл бұрын
BTW, I'm sure you have a million possible videos to make. So, take this suggestion as just my passing thought. I've read conflicting articles about the extent to which retirement is associated with dying. Some people/researchers say that continuing to work lengthens our lives because people often die not long after retiring. The idea is that working gives us a structure, a purpose, a reason for living and staying healthy. Other people/researchers say that people often retire because they are not as able to do their jobs because their health is declining and that it's not retirement that killed them but poor health that made them retire. In that light, dying soon after retirement makes sense. I honestly don't know who is right in this debate. Anyway, this video from today reminded me of that debate.
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
Ahh wow I think you might have given me a great topic idea :)
@alexanderlyon
@alexanderlyon 3 жыл бұрын
@@HowMoneyWorks Well, if you end up making the video, I sure look forward to hearing your informed and distilled point of view.
@tucuruicomercioerepresenta2308
@tucuruicomercioerepresenta2308 3 жыл бұрын
My grandmother is losing her mind after she retired. My mom see It and she told she Will never retire because of this. She can stop work anytime, but she choose to continue because she is afraid of "worsening her mental heatlh". * I am Brazilian so forgive any english mistake
@villevalste1888
@villevalste1888 3 жыл бұрын
I don't think you need to necessarily find a "winner" for a debate like this. It's probably the case that either side can be right depending on an individual's situation. Meaning, if you have a meaningful job that you enjoy doing, retiring might take that meaning away from your life, making you depressed and cause you to neglect your health in other ways as well. On the other hand, your job might just be a way for you to pay your bills and it stresses you out to no end, makes you depressed etc.
@manavxd7712
@manavxd7712 3 жыл бұрын
I think the solution is to decide what you wanna do after retirement,to find a purpose rather than work like for example for me it would be to travel the globe. That's what would keep people going and basically not having to work and take the stress.
@rickeybernard8156
@rickeybernard8156 3 жыл бұрын
It's crazy your body says, "f*ck it. We outta here," when exposed to too much stress. Even the body knows enough is enough.
@BlitzkriegOmega
@BlitzkriegOmega 3 жыл бұрын
considering I live with crushing anxiety and existential dread every day, I'm surprised my body hasn't just gone "Fuck this" and dropped me dead.
@whiteshadow943
@whiteshadow943 2 жыл бұрын
@@BlitzkriegOmega same
@Jedermeister
@Jedermeister 3 жыл бұрын
Well...Im gonna stress myself to death by 31 at this point. I'm 30.
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
That's the spirit.
@matthewmatthew638
@matthewmatthew638 3 жыл бұрын
No need to worry about saving for retirement if you die before retirement *taps head*
@kenshy10
@kenshy10 3 жыл бұрын
Just put in your two weeks before you die I need to find a replacement. This is a joke take a break!
@lemeow332
@lemeow332 3 жыл бұрын
If you believe it, you can achieve it.
@San_Deep2501
@San_Deep2501 3 жыл бұрын
"Just do it" - Nike
@darthzator
@darthzator 3 жыл бұрын
I always like to say, "Money may not buy happiness, but it does buy less stress."
@sexydudeuk2172
@sexydudeuk2172 2 жыл бұрын
Not nesscarily. A lot of high paying jobs are very stressful
@Pippihippy
@Pippihippy 3 жыл бұрын
So long as you keep saying the answer of your clickbait at the start, I will remain subbed. Thank you for making a difference!
@levelup1279
@levelup1279 3 жыл бұрын
I watch the entire video anyways because it's very value packed & information dense so it keeps your attention.
@AnimatedStoriesWorldwide
@AnimatedStoriesWorldwide 3 жыл бұрын
I am convinced in a not-so-distant future, dying of old age will be a "poor people thing" to do, when you get bored of life as a wealthy person.
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
You should watch in-time or Altered Carbon, it's basically this.
@AnimatedStoriesWorldwide
@AnimatedStoriesWorldwide 3 жыл бұрын
@@HowMoneyWorks Thanks! will check it out.
@blueeyedpunk
@blueeyedpunk 3 жыл бұрын
@@HowMoneyWorks In time is awesome 👌
@fgaspar_dot_com
@fgaspar_dot_com 3 жыл бұрын
@@HowMoneyWorks in time actually is different... We currently trade our time at work for money, in In-time. The currency is time and they work for it. Basically the same thing...
@huggableteddybearxd9735
@huggableteddybearxd9735 3 жыл бұрын
@@fgaspar_dot_com but rich all the time in the world and poor people do not
@miranaxxx3942
@miranaxxx3942 3 жыл бұрын
Great vid as always. I would like to add though that in some cases longer lifespan for those who are already poor leads to making their poor relatives supporting them in their twilight years even poorer. So on and so forth...
@neonbunnies9596
@neonbunnies9596 3 жыл бұрын
The cycle of poverty. Always gets you
@aldrichallenbarcenas6740
@aldrichallenbarcenas6740 2 жыл бұрын
that's very Asian since we don't have the concept of nursing homes and even with that it is frowned upon to put your parents into one.
@stephen-finance
@stephen-finance 3 жыл бұрын
Another great video! The "just stop being poor and all your problems will be over" solution is what the scamy finance tiktokers and ad guys push. Tiktokers: "Stop being broke by buying my $500 course today, and then yolo-ing whatever else you have into meme stocks. Not financial advice though." 😂
@alexanderlyon
@alexanderlyon 3 жыл бұрын
Another great video, brother. You're on a roll, roll, roll!
@adammontoya8329
@adammontoya8329 3 жыл бұрын
I'm glad I watched until the end, because I was going to mention that being able to live longer provides the opportunity to build more wealth. Sometimes just turning the equation around can answer the question. 👍
@ptrgr72
@ptrgr72 3 жыл бұрын
Warren B said the same thing. Time is the only enemy
@jackjo2739
@jackjo2739 3 жыл бұрын
As an ex hospitality worker I am glad I quit my job...Yeah our job is may not be as hard but during my time working in Hospitality really messed up my mental health...But of course during our shifts we have to maintain these perfect fake smile and always be happy and energetic or else the manager will be calling us to the back... It has been a year since I quit... My mental health have improved but I do still have one of those nights where woke up having PTSD from all those angry managers and customer that had yelled me. I mean, if there is something wrong it will always be the staff fault not those upper managers... so yeah this video is valid...
@tomlxyz
@tomlxyz 3 жыл бұрын
Managers? Customers? That sounds more like a business than Healthcare
@kevinschultz6091
@kevinschultz6091 3 жыл бұрын
@@tomlxyz - Hospitality, not hospitals - ie, hotels and resorts and whatnot. (Yeah, I had to look at that twice.)
@almond5560
@almond5560 3 жыл бұрын
Here in Korea, this is called emotional labor. It's very relevant here because everyone in the service sector is expected to be nice and understanding of the customer. It can be very, very draining depening on the field you work in. I'm sorry to hear you had to go through that, mate.
@chrisharris2367
@chrisharris2367 Жыл бұрын
@@tomlxyz lol I can imagine Just imagine how stressful it must be working in healthcare esp in the hospital
@TyphoonJig
@TyphoonJig 3 жыл бұрын
When comparing life expectancy and health it is important NOT to remove factors like work accidents... because the poorer you are, the more likely you are to work a job that put you at risk. For example it's estimated that working night shifts reduce your life expectancy by around 10 years, work does impact life expectancy and health and is somehting that should be taken in account when looking for differenciating factors between wealth groups.
@IL_Bgentyl
@IL_Bgentyl 3 жыл бұрын
Wouldn’t say that’s necessarily true. Skilled labor pays very well now with the push for education driving down the compensation for acquiring degrees.
@nickstone1167
@nickstone1167 3 жыл бұрын
Boy have I felt that over the last few years, so glad to go back to days, idc if I need to eat out less or drink less, worth it.
@fleecejohnsonn
@fleecejohnsonn 20 сағат бұрын
Unemployment is associated with much higher mortality than working night shifts, I'll take my chances.
@blueeyedpunk
@blueeyedpunk 3 жыл бұрын
I'm going to hire someone to eat my veggies so I can be healthy.
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
This guy delegates
@vojtechstrnad1
@vojtechstrnad1 3 жыл бұрын
stonks
@blueeyedpunk
@blueeyedpunk 3 жыл бұрын
@@HowMoneyWorks Hell yes delegation is key 😉
@ietsbram
@ietsbram 3 жыл бұрын
hire a cook to make ur vegies taste better
@blueeyedpunk
@blueeyedpunk 3 жыл бұрын
@@ietsbram I don't think that will work 😁
@SimGunther
@SimGunther 2 жыл бұрын
A stable, good, and guaranteed home in a great walkable community is the first step towards a long and healthy life.
@bonononchev634
@bonononchev634 3 жыл бұрын
Well you covered job-induced poverty, but how about health-induced poverty? In the US even with employer-provided healthcare it is still possible to rack up considerable medical debt. Sure, in the UK may be different, but if you can't work you can't really make those sweet sweet money that seem to be the answer to that particular problem...
@annoloki
@annoloki 3 жыл бұрын
How is chronic stress not a health issue?
@ShadowebEB
@ShadowebEB 3 жыл бұрын
In the video he mentioned the same level in the UK and in the US, so not necessarily related.
@markonikolic7957
@markonikolic7957 3 жыл бұрын
@@ShadowebEB also Chile and pretty much and half decent country. Sure the US insane healthcare system is an added factor no doubt but rich people everywhere simply work less (by work I mean physical work) and are generally less stressed and thus they live longer.
@rhyswilliams4893
@rhyswilliams4893 3 жыл бұрын
In the UK lack of money doesn't limit your access to healthcare. Even if it a critical illness
@rdourandi7679
@rdourandi7679 3 жыл бұрын
OH GOD. You made me feel dystopian when you revealed that chronic stress is killing me. It's like the reveal of girls being murdered in cloud atlas, or people being fed to each other in the matrix.
@dadozygaming
@dadozygaming 2 жыл бұрын
I used to work minimum wage full time on weekdays, with double shifts (15 hours) at least 2 days a week, and also working a side job on weekends. I didn't really feel that much stress though. It was much less stress compared to university. You know what gives me stress? Social media. Reading politically charged posts on reddit and facebook makes me more stressed than working a minimum wage job for 15 hours a day, and I'm not even getting paid to read it! Also, having kids made me more stressed than low wages will ever make me. Want to avoid stress? Avoid things that make you stressed when you're trying to relax. If social media is making you stressed, stop browsing social media. If friends and family are making you stressed, tell them you're busy.
@GrandpaRanOverRudolf
@GrandpaRanOverRudolf Жыл бұрын
if jobs make me stressed will i live longer if i'm poor 🤔
@nathanmatson731
@nathanmatson731 3 жыл бұрын
"Friendly call from the SEC" pfffff like they do their jobs.
@CMVBrielman
@CMVBrielman 3 жыл бұрын
I don’t think you even need to resort to hereditary lifespans for that last point - simply living longer as an individual means your assets have more time to grow, pushing your wealth higher.
3 жыл бұрын
You don't make it to the top of wealth here because of time. It's almost all inherited now, very few earned anything, the gap is too big for that.
@CMVBrielman
@CMVBrielman 3 жыл бұрын
@ Inherited wealth is a very small portion of total wealth. Otherwise, the richest people in the world would be a Carnegie, a Rockefeller, a Morgan, etc. rather than a Musk, a Bezos, a Gates, etc.
3 жыл бұрын
@@CMVBrielman The latter came from decently well off families too, don't let the pr controls fool you. And that's a very limited selection of extreme outliers, not the standard. Look into the real numbers. Also a lot of the latter pay to be off of those lists, be hard to tell the truth.
@Max_Janszen
@Max_Janszen 3 жыл бұрын
@ wrong, only 12% of millionaires inherited their wealth
3 жыл бұрын
@@Max_Janszen Millionaire isn't rich now. Try again. That's middle class at best now. Also I saw that study, they were talking about direct inheritance, but ignored the connections and loans/funding of being born to a wealthy family. Yes most give their kids a step up, not direct inheritance... because tax evasion. Who you know and who you blow in the end.
@Kinos141
@Kinos141 2 жыл бұрын
This is very true. I was very stressed with work and life. Then, I found mindfulness meditation and everything changed. After a few days, my life changed. And today now, my job, and home life HAS NOT CHANGED, and to be honest, neither are terrible, they are actually great, but HOW I react to them has. Instead of being on edge at work, I just let it slide. Instead of being defense after every mistake, I just take it to the chin and have done better the next round. I got out of my head and just started being. Again, nothing outside of my myself has changed, but how I react to it has. Look into it, it may just change your life.
@Jason-hp6pu
@Jason-hp6pu 2 жыл бұрын
nah you just coping now lmao
@Agenthoneydew33
@Agenthoneydew33 Жыл бұрын
@@Jason-hp6pu lmao you’re right but it does work
@dingfeldersmurfalot4560
@dingfeldersmurfalot4560 3 жыл бұрын
The truth is, we kill each other off. We live in a very competitive society in which we are incentivized to put each other down, and many people will take that opportunity, especially if they are only partway up the ladder of success and still feel the need to distinguish themselves as superior to those around them. People at the top often don't do this because they have no one left to impress. People like low-level and middle-managers may make much worse bosses because their egos are not up to the task of treating people respectfully, but rather are all about making themselves feel better and more important than their subordinates, winning a battle that their "opponents" might not even understand or know they were fighting.
@ogzombieblunt4626
@ogzombieblunt4626 3 жыл бұрын
Except in a society where everyone worked together, we wouldn't be generating nearly as much wealth. So the standards of living would be lower for everyone. Humans are selfish, and that selfishness manifests as business and big risks taken by individuals that create jobs and wealth. In a socialist system selfish people would try to be corrupt and take money from the state, as they can't start businesses. So i'd say our system isnt terrible.
@bocckoka
@bocckoka 2 жыл бұрын
It's not hard. If you can control your impulses and postpone gratification, you're going to be richer on average and don't feed your body with garbage food, alcohol, or drugs.
@Astillion
@Astillion 2 жыл бұрын
I live in Sweden, and I've read a couple of articles about how the rich live longer in Sweden and Finland. And there seems to be about the same difference here as in America. One study, which might be an outlier, found that an uneducated person in a poor neighborhood in Stockholm will live 18 years shorter than a well educated person in a rich neighborhood. Another study said that the difference between the richest 4th of the population in Sweden will live 4,5 years longer than the poorest 4th. A study from Finland found that the richest 5th will live 12,5 years longer than the poorest 5th.
@jadelightsword
@jadelightsword 3 жыл бұрын
Thank you talking about possible causation in the other direction. That was my first thought after hearing that the studies controlled for access to clean air/water/food and to healthcare. Glad there is another voice out there stressing that correlation does not equal causation.
@BewareTheLilyOfTheValley
@BewareTheLilyOfTheValley 3 жыл бұрын
I figured stress was part of it. When you have the financial ability to step away from what is stressing you out and that time off also won't hurt you (such as an unpaid vacation), that helps to bring you back rejuvenated from your job, rather than never getting a reprieve or else you'll fall behind on things.
@kakerake6018
@kakerake6018 3 жыл бұрын
Usually I just buy health points to replace the ones I lost
@emsouemsou
@emsouemsou 3 жыл бұрын
On the "they have better healthcare" line of argument: Nassim Taleb had a great counterargument on overmedication cancelling that out to the point where it's negligible. In other words, a lot of illnesses can be cured just by sitting at home and waiting it out, but if you for example have a personal doctor on staff 24/7, he'll have the urge to find some illness and some treatment since there's something wrong with you and you're paying him to find a solution. But that kind of meddling can actually be harmful to your health, and most doctors would rather be known for not being able to save their patient despite doing their best as opposed to doing nothing while their patient dies of some unknown condition. Combine this with the fact that medical malpractice is the third-leading cause of death in the US, and that death rates in Israel have gone down when doctors have gone on strike, and there's something to that argument.
@AcesizOfficial
@AcesizOfficial 2 жыл бұрын
The world needs to hear this🙌🏽
@alastairhewitt380
@alastairhewitt380 Жыл бұрын
I've worked low paying jobs in the US & Australia. While there is was chronic stress in Australia simply didn't compare to the damage done to my body in the US. I can certainly see how inequality in any environment can take years off of your life. Needing to work long hours to pay rent will do that. But certainly the type of work, amount of work, and urban environment can create huge discrepancies between countries. I miss OZ. I had some disposable income, was fit from biking safely everywhere and taking public transit, and had enough free time to rest and explore higher paying opportunities. If I were on a different visa I likely would have landed those higher paying positions and would have stayed there. The US is basically designed to make you fat, work super long hours, while your meagre salary is paid back into the system. It is certainly understandable why the wealthy live longer in any case, but I have to say quality of life in the US is much worse. At least that was my experience in those types of jobs.
@WealthbuilderzTV
@WealthbuilderzTV 3 жыл бұрын
Chronic stress will drive you insane. You need to build passive income outside of your job that you hate.
@itsirrelevant4565
@itsirrelevant4565 3 жыл бұрын
We have to talk to everyone we know about this stuff. The straw will break the camels back and we need everyone ready to address this by any means necessary.
@keemankeelam1660
@keemankeelam1660 3 жыл бұрын
humans used to get stressed about harsh winters, death and being chased by lions ; now everything stressful. go figure .
@David-cr6fb
@David-cr6fb 3 жыл бұрын
What was a hunter gatherers expected life span?
@eligreg99
@eligreg99 3 жыл бұрын
Living to the age of 30 during that time period was considered old. Now people can live up until their late 70 and up due to the improvement of technology. You would not want to go back in time and be stressed by harsh winters because you lack a heater or chased by lions because you don’t have a weapon.
@tomlxyz
@tomlxyz 3 жыл бұрын
The stress of today basically comes down to social stress which always existed. In the past it was even worse for some, the fate not just being poor but being kicked out from society, into the wild, destined to die
@David-cr6fb
@David-cr6fb 3 жыл бұрын
@@eligreg99 that’s my point
@dodopson3211
@dodopson3211 3 жыл бұрын
@@eligreg99 the average age being so low is due to so many kids dying early on. "Gurven and Kaplan found that the modal (most common) age of death for hunter-gatherers who survived past 15 was 72. Taking out the infant mortality rate, Stephen Guyenet found that the average lifespan of one Inuit group was 43.5, with 25% of the population living past 60. " Quite cool huh? If you survived into adulthood you probably also made it to the age of being a grandparent.
@Jerry-tg2lj
@Jerry-tg2lj 3 жыл бұрын
I feel like investing in education and bringing the living standards of the lowest to the level where kids in that situation can get a good education, it would go a long way to fixing this issue
@snowfox7739
@snowfox7739 3 жыл бұрын
Just follow the stats man. The most Republican states tend to be the least educated, most religiously indoctrinated, have the highest concentration of fast food restaurants which also tends to be correlated to the amount of poverty which ALSO seems to be correlated with amount Covid-19 cases as well. So if one is cynical enough, they would be justified in thinking that this is all by design.
@Giancarlogambetta
@Giancarlogambetta 3 жыл бұрын
They already are. Even the poorest kid in America gets access to k-12 schools. I went to public school, if kids choose to not learn and not get into a good university that’s entirely on them
@IL_Bgentyl
@IL_Bgentyl 3 жыл бұрын
@@snowfox7739 bet you’re nimble stretching like that. Red areas are typically rural. Well cities tend to be blue. Tells you all you need to know about density, and so on. Though correlation doesn’t equal causation.
@ogzombieblunt4626
@ogzombieblunt4626 3 жыл бұрын
Except if you try to 'even out the playing field' by taking property taxes away from certain communities then people will have less of an incentive to work hard so their kids can go to a good school. Also everyone whose taxes get distributed away from their county schools will be incredibly mad.
@Tranngo0199
@Tranngo0199 3 жыл бұрын
@@snowfox7739 your blue cities and states are the worst sir. Having a degree doesn't guarantee wisdom. If blue cities are good, why people fleeing to red state
@raffifl
@raffifl 3 жыл бұрын
There is another option to interpret the data. Maybe causalitive link is reverse. Maybe it is that being healthy (physically and mentally) gives you the opportunity to make more money. Many mental and physical disorders cause a sharp sometimes permanent decrease in income. That can explaine the gap.
@Bolensgoldrush
@Bolensgoldrush 2 жыл бұрын
7:20 The problem is that these same issues are felt in higher-paying jobs too. Trauma surgeons and engineers get yelled at too. Lawyers can hate their jobs and only get 4 hours of sleep too. I still fail to see how the more you're paid, the less chronic stress you have.
@TimErwin
@TimErwin 2 жыл бұрын
8:58
@alanroberts7916
@alanroberts7916 2 жыл бұрын
The poor tend to get jobs/careers that involve chemicals and processes that are more likely to bring someone into physical contact with harmful stuff. Construction is an example of working harder for less money and coming into contact with harmful substances along the way. (I know there are all kinds of examples of just the opposite).
@Bolensgoldrush
@Bolensgoldrush 2 жыл бұрын
@@alanroberts7916 Carpenters have unions though, and where I'm from unionized carpenters can easily make $100k a year.
@shadowhuntagaming
@shadowhuntagaming 3 жыл бұрын
I think even if you don't have a lot of money, having a solid budget, and reducing your spend to be more within your means, provides an overall net positive. Sure you might not be able to go out as much, buy new clothes as often, but not having to stress about money, has been one of the greatest stress relievers in my life.
@whaha
@whaha 3 жыл бұрын
I agree. It really matters if you don't get swept up in things 'you should do' too.
@itsirrelevant4565
@itsirrelevant4565 3 жыл бұрын
I agree, but I have to offer a counterpoint here. The fact that you have to budget a social life with that much thought into it is a stressor.
@shadowhuntagaming
@shadowhuntagaming 3 жыл бұрын
@@itsirrelevant4565 Not really, honestly. I built a spreadsheet which divides our money up into different accounts. Now instead of wondering if we have money to go out. We can just look and see if we do. We are spending far less money on take out, and discretionary spending. It allowed us to buy a home. My wife is now home full time with our 1yr old daughter. Our net income decreased by 20k, my wife was earning more, but a promotion I got has offset some of this loss and we obviously have an extra mouth to feed. However, even though we aren't doing as much, our quality of life and mental health is far better, as money isn't a thing we have to think about anymore. We just see what we have to spend, and don't over spend.
@whaha
@whaha 3 жыл бұрын
@@shadowhuntagaming Good job! ;) I'd like to add that it strange that you learn a lot in school about biology and economy, but less about love & (how to manage / spend) money. It helps to have a bank that lets you have several IBANs. That makes using budgets easy. I agree that the first time that you make a budget it can be stressful, but you rarely have to look at it.
@shadowhuntagaming
@shadowhuntagaming 3 жыл бұрын
@@whaha There really need to start teaching money intelligence at school. It's life changing.
@rafaeltorovip
@rafaeltorovip 3 жыл бұрын
Just one thing about your videos, they are awesome well presented. 👍
@renderproductions1032
@renderproductions1032 3 жыл бұрын
My guess: happier lives and better food?
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
Close, but not exactly.
@renderproductions1032
@renderproductions1032 3 жыл бұрын
@@HowMoneyWorks it was before watching, and I’m glad I almost had it.
@kazeryu4834
@kazeryu4834 3 жыл бұрын
@@HowMoneyWorks is it blood sacrifices?
@annoloki
@annoloki 3 жыл бұрын
@@kazeryu4834 Not in the top 10%, you have to go to the top 1% to really see the benefits of blood sacrifices, and the 0.1% to see the benefits of being the one the blood sacrifices are made to.
@kazeryu4834
@kazeryu4834 3 жыл бұрын
@@annoloki oh, I guess I’m doing it wrong then, thanks
@kyootzee
@kyootzee 3 ай бұрын
I worked customer service, made minimum wage and was yelled at almost every day.
@DaveAdams222
@DaveAdams222 3 жыл бұрын
I have a pretty substantial income and I have to wholeheartedly agree, while I do encounter day-to-day stress(es), I don't typically encounter day-to-day STRESS. There are things that tense my shoulders up temporarily, but for the most part, not having to worry about where food, heat, or fun is going to come from, and/or knowing that if anything becomes "overwhelming" I can just "take a break" and chill for a few days, really helps. So the question is: What do we do to help others get there? The answer from me is: "Unfortunately, I don't know." You can't *donate* ambition and drive, you can only show people that side of things. Then there are those WITH ambition and drive that simply haven't been afforded an *opportunity* to flex that. So then we're back to where we started. It's tough.
@chrisbowpiloto
@chrisbowpiloto 2 жыл бұрын
I work a job that is generally thought to be stressful, but I am under less stress than I had at any other job I have tried. This is mostly because of the same things that you mentioned. I definitely feel healthier because of it
@mochipii
@mochipii 3 жыл бұрын
Not having to constantly worried about money related issues helps.
@IVChan
@IVChan 3 жыл бұрын
I'm glad you didn't drag the answer. I was afraid you would after you did in the last video and the one before that where you said that not dragging it was a problem. Great job keeping the hook in place and pulling me through the whole video!
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
I think in the long term it will be a good strategy because I will get an audience that is happy to sit around for the full story.
@picklemaker
@picklemaker 3 жыл бұрын
@@HowMoneyWorks please never get into the drag strategy 🙏🙏😢
@Fauzan1812
@Fauzan1812 3 жыл бұрын
this video also serves as a PSA to be nice to whoever is servicing you
@BusterDarcy
@BusterDarcy 3 жыл бұрын
This is your best and most important video. I wish more people couple understand the realities of poverty. Maybe then we could all finally do something to improve quality of life for all.
@MrPasqual1
@MrPasqual1 2 жыл бұрын
That's because US people got fooled by insurance companies not to build a real public health system. Result: rich doctors, rich insurance companies, poor patients
@Lomhow
@Lomhow 3 жыл бұрын
I'm not sure if you guys know, but a report came out that rich and poor Europeans both live longer than rich Americans... And that also rich Americans don't live longer than poor ones....
@darklight6921
@darklight6921 3 жыл бұрын
probably cuz we are so fat.
@super8027
@super8027 2 жыл бұрын
the fact is I came back to this video 10 months later beacause you made it that stressing inducing that i remebered it .😬😰
@darkpaw1522
@darkpaw1522 Жыл бұрын
I work 57 hours a week and can barely afford rent. Now my supervisor is saying I can’t work overtime anymore, which means I’ll be homeless again soon, which will cost me my job. It’s pretty easy to see why rich people live longer.
@luizarthurbrito
@luizarthurbrito 3 жыл бұрын
Robert sapolsky is amazing!!! Listen to his Stanford lessons!
@annoloki
@annoloki 3 жыл бұрын
I binged the lot! **lol** Dragged me right out of a depression.... you just can't be depressed and fascinated at the same time! I had to fix my eating just to power my brain rewiring itself through that course
@snowfox7739
@snowfox7739 3 жыл бұрын
@@annoloki Dude IS so intriguing! I actually forgot the name so I had to look him up but once I did I knew exactly what you were talking about! The fact that you had to fix your eating just to power your brain rewiring itself is just a testament in and of itself!
@tylersloeper
@tylersloeper 3 жыл бұрын
Your channel is awesome. I keep gobbling these videos up.
@dougdimmadomeownerofthedim5376
@dougdimmadomeownerofthedim5376 3 жыл бұрын
Who knew living while having all of your needs met and having access the best medical care in the world would let you live longer
@AnimatedStoriesWorldwide
@AnimatedStoriesWorldwide 3 жыл бұрын
7/10 people on this planet have all their "needs" met and still died young. As for having all your "wants" met, it just leads to suicide.
@Mike-qc8xd
@Mike-qc8xd 3 жыл бұрын
You missed the point of the video
@LowestofheDead
@LowestofheDead 3 жыл бұрын
@@AnimatedStoriesWorldwide It depends on what you consider a "Need". This video make a good point that you need a life without chronic stress (where you don't know if you can make the next bill and you're constantly being monitored by customers and managers). And you don't even have the financial stability to leave a job like that. 7/10 people may have the basics of food and healthcare, but their jobs are still killing them.
@sexydudeuk2172
@sexydudeuk2172 2 жыл бұрын
Well I can see my uncle living that long even though hes a millionaire hes obese drinks like a fish and has type 1 diabetes
@InsideCorporatePlaybook
@InsideCorporatePlaybook 3 жыл бұрын
Hey, I am a big fan of your works! Any advice on where you get these b-rolls from? And by the way, I think it's ecology and diet that differentiate rich and poor nations and control over life longevity. When rich take care of their bodies and minds and oxygen, poor nations throw coal and cough.
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
Thanks for kind words! Storyblocks is where I get them
@InsideCorporatePlaybook
@InsideCorporatePlaybook 3 жыл бұрын
@@HowMoneyWorks Thanks a million!
@noel9568
@noel9568 3 жыл бұрын
Thats why them Hollywood actresses look 20s in their 50s?!
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
Probably a very big part of it. On the other hand there are plenty of billionaires that look like Emperor Palpatine, so who knows.
@renderproductions1032
@renderproductions1032 3 жыл бұрын
@@HowMoneyWorks Who doesn’t like good ol’ Papa Palps?
@noel9568
@noel9568 3 жыл бұрын
@@HowMoneyWorks maybe they're rolling the hundred dollar bills into joints and smoking it!
@dougdimmadomeownerofthedim5376
@dougdimmadomeownerofthedim5376 3 жыл бұрын
@@HowMoneyWorks *Cough Cough* George Soros *Cough*
@youngthinker1
@youngthinker1 3 жыл бұрын
Well, lighting, make-up, and certain poses will make you appear much younger than you are. Crows feet, and other tell tell signs of aging tend to be covered up, or ignored when a photo shoot or interview occurs. However, their eyes tend to feel harder, and their muscles tend to appear to be saggy, like the skin and muscles aren't quite fitting correctly. Madonna represents this easily.
@vojtechstrnad1
@vojtechstrnad1 3 жыл бұрын
First (also thanks for including my name in the intro credits, even though I did pay for it)
@HowMoneyWorks
@HowMoneyWorks 3 жыл бұрын
Of course! Thank YOU for supporting the channel :)
@XanderYTV
@XanderYTV Ай бұрын
Stress is killer. Lately i have had a frequent terrible feeling in my stomach and a burning in my body. Not normal anxiety but an incredible amount of stress that feels like I'm about to explode. So that is why i am deciding to put my career first for a little bit. I am 25 but I have just quit my foodservice job and am executing a plan to get myself to a 6 figure salary within the next 5 years.
@tds456
@tds456 3 жыл бұрын
Fun fact, that resignation study has been replicated here with a different question where they asked if people were "planning" on moving job vs "considering", and they got high 40s saying yes, they are planning on moving in the next 12 months.
@kendrapetrick649
@kendrapetrick649 2 жыл бұрын
I started to cry as you listed the details of chronic stress. It’s so fucking hard.
@battleshiparmorlord
@battleshiparmorlord 3 жыл бұрын
excellent well-done video as always that I find really engaging and have already shared to my friends. Keep up the amazing work. As a medical student I have been educating my patients about stress and its effects on a daily basis. One of the immediate effects of elevated levels of cortisol is the shunting of blood away from and the eventual atrophy of the intestinal villi that lead to poor nutrient absorption, and as a result the body entering a mild form of starvation mode. I have noticed incredible rejuvenating results in a short period of time when a patient manages to find the right circumstance to get rid of stress, looking brighter and younger in a matter of weeks. Stress and wealth absolutely are linked - imagine what an effect a 6 day all-expenses-paid 3 buffets a day and massage package vacation will have on your stress levels.
@NathanCassidy721
@NathanCassidy721 3 жыл бұрын
If you want to give people some cool evidence-based medical suggestions, I’d recommend showing them the Huberman’s Lab podcast. It’s a bit long ranging from around ~1-2 hours but he goes on a deep dive on health based on new scientific literature but it’s packed full of good information on what helps. On top of that he timestamps his podcast so you can go to specific points to review.
@SR-cm2my
@SR-cm2my 3 жыл бұрын
Excellent video. I also believe that the wealthy in America have access to mental health professionals which can lead to a considerably longer lifespan. I was very fortunate to have had access to a free to students mental therapy clinic during my college years. I'm grateful because it helped me handle my stress better and cope with the loss of a family member close to my heart.
@90s_TX_AD
@90s_TX_AD Жыл бұрын
I'm a bit confused. At the beginning, you said that this wealth to life expectancy gap us not an American only issue but rather it held up in all developed countries, but then later, you suggested that Italy or Sweden don't have this issue because of less inequality?
@FinancialShinanigan
@FinancialShinanigan 3 жыл бұрын
Time to rewatch Elysium.
@ShadowebEB
@ShadowebEB 3 жыл бұрын
I can confirm, the stress level once you hit a certain level of wealth drops to nearly nothing. You then only have minor stress from time to time, but for minor things.
@AnimatedStoriesWorldwide
@AnimatedStoriesWorldwide 3 жыл бұрын
You sound like a poor guy trying to act rich. Keep your stress in check.
@ShadowebEB
@ShadowebEB 3 жыл бұрын
@@AnimatedStoriesWorldwide If it makes you happy thinking that, then I'm OK with it :-)
@AECH_CH
@AECH_CH 3 жыл бұрын
Do you mind telling me at what level that was? (For you personally)
@NathanCassidy721
@NathanCassidy721 3 жыл бұрын
I wanna push back but I agree that the minute I saw my bank account one day and realized I could pay for stuff (notably my student loans), I chilled out considerably.
@ShadowebEB
@ShadowebEB 3 жыл бұрын
@@AECH_CH I came from quite nothing, raised in a trailer for parts of my life, so I did have quite a lot of stress for a while. I was fortunate in becoming a developer which raised me from nothing to being very comfortable, so I did experience all phases from very poor to high-middle class.
@picklemaker
@picklemaker 3 жыл бұрын
Am from Srilanka. You are spot on. Great channel and awesome content.
@Lightningdude
@Lightningdude 3 жыл бұрын
Poor people being stressed more than rich people because they are under pressure makes no sense at all. A lot of rich people are rich because they don't do anything else besides working
@UnDark1
@UnDark1 3 жыл бұрын
I think the difference is the rich are doing work they enjoy doing, or gives them more satisfaction.
@Lightningdude
@Lightningdude 3 жыл бұрын
@@UnDark1 highly dependent on the job and individual. I know a lot of people on high paying jobs that hate their job (lawyers, doctors) and I know a few on low paying jobs who love their jobs (cooks, air hostesses)
@UnDark1
@UnDark1 3 жыл бұрын
@@Lightningdude Right, good point. I would want to see if certain professions have longer life expectancies. It’s possible that the “rich” cohort is heavily skewed by 1%ers, same for the poor group which is probably skewed down by the extreme low end of poverty.
@Lightningdude
@Lightningdude 3 жыл бұрын
@@UnDark1 there are risky jobs on both sides. Eg a low lumberjack vs a high fbi agent
@UnDark1
@UnDark1 3 жыл бұрын
@@Lightningdude then your have tenured grade school teacher. Low pay but I’d think they’d live longer than FBI agent.
@brianallen140
@brianallen140 2 жыл бұрын
Lack of stress. Both on the body and the mind
@Snerdles
@Snerdles 3 жыл бұрын
I wonder if this explains some of the difference between life spans of men and women. The invisible burden of performance on men, and not only them literally dying at jobs, could be a chronic stress source contributing to early demise.
@avipatable
@avipatable 3 жыл бұрын
Man you come up with great topics :) 178k subs now! I am not surprised.
@sergeyderbeko9954
@sergeyderbeko9954 3 жыл бұрын
As a programmer, I was very uncomfortable with =! Instead != representing not equal to
@TheOriginalJAX
@TheOriginalJAX 3 жыл бұрын
Soooo agree, Stress sucks more than anything. that's the one thing Iv changed in my life that has made the biggest difference by far which did mean dealing with the causes.
@warrenarnold
@warrenarnold 3 жыл бұрын
2:04 meanwhile the endangered male species continues to enjoy a much shorter lifetime☠️😅
@sidwhiting665
@sidwhiting665 2 жыл бұрын
One thing the video hinted at in the "live longer, get more wealth" segment is that most wealthier folks will benefit from compound growth of their investments. By definitely, wealthy people typically do not spend all their assets, and that would also be true for things like investment accounts which can keep growing exponentially. Having another decade of growth added to one's portfolio and home value increase are massive advantages. Too, assuming they are healthier in general, they may start an encore career or business, earning double what the did in their 50s or 60s to slow the drain on their wealth. . A lot of it too is mindset. When you feel successful, you tend to do more things that maintain or increase that feeling. You'll go for that big promotion or take a risk to expand your business, and most times that works. But if you're stuck in a low-wage job and don't see the point, you'll never want to spend the effort and time to advance. Coping with stress/lack of self-worth often leads to drinking your sorrows away or engage in other behaviors that drain wealth, or in the best case do nothing to increase wealth, such as binge watching Netflix or KZbin videos. (* not that I ever do this!) Success breeds success. Failure tears you down.
@suessewing8353
@suessewing8353 3 жыл бұрын
Stress management eg: loving families and friends and finding meaningful connections
@nickchan484
@nickchan484 3 жыл бұрын
Love the roast towards Infographic show
@BloodRider1914
@BloodRider1914 2 жыл бұрын
Immigration for poor people is easier said than done when the only way to immigrate to many of these countries is to "have professional skills."
@wholeNwon
@wholeNwon Жыл бұрын
Or give them money (invest in the country).
@JoseLopez-eo4ze
@JoseLopez-eo4ze 3 жыл бұрын
Wow.... just.... wow.... that's all I got. This is mind blowing and people need to see this!
@themarenda
@themarenda 2 жыл бұрын
I'm sure that a person who had more discipline to finish college or had will to build business of their own has more discipline to eat right and exercise
@corngreaterthanwheat
@corngreaterthanwheat 3 жыл бұрын
All the rivalry between infographics and this channel is shortening my lifespan.
@rud
@rud 3 жыл бұрын
Why try to live longer when it sucks anyway and when the final years of your life are going to depend if awful public retirement home. Might as well end it while one have the presence of mind to do so. Sad but true.
@randomlifts
@randomlifts 3 жыл бұрын
Chronic stress Guilty in retail
@LucasDimoveo
@LucasDimoveo 2 жыл бұрын
Imagine being in this situation and having a kid. It's a miracle I didn't have a heart attack in those first few years
@NathanCassidy721
@NathanCassidy721 3 жыл бұрын
Not saying there isn’t material reasons for it but in my experience the biggest difference I’ve seen when it comes to health is whether or not you give a damn. Sure wealth can give you access to better quality care as across many jobs I’ve had, I e noticed the unhealthy people tend to work the lower wage jobs. BUT it doesn’t mean anything if you are willing to shoulder the burden of responsibility for your own health. I’ve met people with good jobs the size of a beached whale who just lay around because, “I got pills and protein shakes.” I’ve also met people who are in good enough shape to run ultra-marathons who work as a minimum wage barista at Starbucks. The difference in mentality is night and day.
@zoehltsen83
@zoehltsen83 2 жыл бұрын
A refreshing approach from a different perspective
@niloykesslar2447
@niloykesslar2447 3 жыл бұрын
One word answer : Chronic Stress.
@GlubChumbus
@GlubChumbus 3 жыл бұрын
That's two words.
@sultanofswingdrift3021
@sultanofswingdrift3021 3 жыл бұрын
@@GlubChumbus and it's only a part of the answer 😅
@ChipsMcClive
@ChipsMcClive 3 жыл бұрын
“You wanna know why I’m obese, Herc? One word: chronic stress!”
@muhammadusmonyusupov2556
@muhammadusmonyusupov2556 3 жыл бұрын
Very educational video. Thanks man.
@hepthegreat4005
@hepthegreat4005 3 жыл бұрын
As someone with a health disability, id like to give you a different outlook. People who are sick cant work overtime. If I work more than 40 hours, I collapse and it takes me days to recover. People who are not willing to work overtime, are seen as lazy and are not able to get promotions. We also have a problem retraining ourselves and getting further education to get new better paying jobs, or starting side hustles while working. This means, if youre born with a disability out of the gate, that will make you fall behind and have problems the rest of your life.
@Bee_Healthier
@Bee_Healthier 3 жыл бұрын
The show the Oblongs awnsered this in 3 mins with their opening. It's not hard. Farmers average life span is 49, sure stress is a factor but the biggest is how toxic your environment is, since farmers deal all day with pesticides or toxic pollution. Typically minorities and poor are put into communities with the most pollution, while the rich get the cleaner zones.
@AnimatedStoriesWorldwide
@AnimatedStoriesWorldwide 3 жыл бұрын
They are not PUT there.... Their poverty puts them there.
@decus9544
@decus9544 3 жыл бұрын
@@AnimatedStoriesWorldwide The policies that were put in place over several centuries put them in the poverty that put them there, and often also purposefully located factories and other polluting infrastructure around them if there wasn't any there to begin with.
@Griot-Guild
@Griot-Guild 3 жыл бұрын
Wait? Farmers arent poor? And all of their food comes straight from the source thats crazy their life span is that low
@decus9544
@decus9544 3 жыл бұрын
@@Griot-Guild Farmer's incomes are often very low, this is less obvious 1) Because they live in the countryside where living expenses are lower, and 2) Because despite having low incomes, they tend to be quite wealthy through virtue of owning their farmland, which generally is really quite surprisingly expensive.
@ogzombieblunt4626
@ogzombieblunt4626 3 жыл бұрын
I mean try telling a rich person to develop land that has a factory near it. Its not that rich ppl "get" cleaner zones, they can afford it through their labor.
@hugh_janus_g
@hugh_janus_g 3 жыл бұрын
imagine not wanting free healthcare
@wylekyle2376
@wylekyle2376 2 жыл бұрын
Longevity,Wealth,Fun , Laughter is what i want.
@StrissYT
@StrissYT 3 жыл бұрын
Imagine being a investor, doing good, financial freedom = No stress, all the freetime to do whatever whenever. My goal^^
@humantrash7980
@humantrash7980 2 жыл бұрын
A lot of free time can get boring
@obcane3072
@obcane3072 3 жыл бұрын
Learn to love the work you do (don't do what you love). The longer you work... the longer you live... the longer you make money. Dont retire. Keep working. Love your work. You'll have purpose for longer. You'll be wealthier and healthier.
@Bee_Healthier
@Bee_Healthier 3 жыл бұрын
I may love my job, but watch the intro opening to the onlongs. The poor are purposefully put in the most poulltes, toxic and health causing areas. Think of it like this, if you literally live in the dump ontop of the trash how long do you think you'd live? The poor are forced into that position.
@Bee_Healthier
@Bee_Healthier 3 жыл бұрын
*The Oblongs intro
@ChipsMcClive
@ChipsMcClive 3 жыл бұрын
I’d like to see you say “love your work” after a week in the meat packing industry.
@lesROKnoobz
@lesROKnoobz 3 жыл бұрын
I love being a low level office grunt that types on a computer all day and drives an hour to work dreading every moment. Real easy to love this work /s
@tommyhuffman7499
@tommyhuffman7499 3 жыл бұрын
This really just doesn't fit reality. The high stress, high paying jobs DO NOT get to go home and forget about work. They are expected to work constantly and always at risk of being let go. There's no stress from being on the lower end, so long as you have enough to make ends meet. The same motivation that drives a person to climb the financial ladder also drives a person to be healthy. That's a more likely reason for the correlation.
@crankychris2
@crankychris2 3 ай бұрын
That's why DJT is so buff and clear headed.
@TheUniverseExists
@TheUniverseExists 2 жыл бұрын
I really don’t consider health inequality a problem. It’s obvious that those with money can spend more on their health and can afford better treatments from more exclusive providers. Like, that’s what money does.
@IrelandVonVicious
@IrelandVonVicious 3 жыл бұрын
It's not stress doing it. It's the jobs killing people early. Guys who work in mines ruin their health. Truckers who breathe fumes all day on the road. Heavy Equipment operators who get black clouds to the face. Janitors, lab workers and pest control people who get around chemicals all day. Wealthy people don't do those kind of jobs. It's not about on the job injuries. It's about long term exposure over many jobs in the same field.
@snowfox7739
@snowfox7739 3 жыл бұрын
And to add to the frustration of this issue, those same people working in the mines tend to be VERY vocal about ending the practices and against moving on to green energy.
@alanroberts7916
@alanroberts7916 2 жыл бұрын
It's the TYPE of work people do. INDUSTRIAL DISEASE is real.
@MiroslavNovosad
@MiroslavNovosad 3 жыл бұрын
Really good conclusion at the end of the video!
@glennet9613
@glennet9613 2 жыл бұрын
If that were the case wouldn’t you see a spike in the curve representing those doing minimum wage jobs followed by a dip representing people in poorly paid but secure jobs with reasonable working conditions?
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