This is your average middle class family in Maryland.

A stable federal government job that overpays. Moonlighting at a higher education institution to make more money and lastly this obsession with giving levered up to earn passive income with rental homes.

As I was told watching this video I was asking myself how did this person land a job with the US Census bureau earning $161k a year? Then as the video progressed it’s revealed she went to Yale which makes sense.

What really makes this video wild to me is how this family of economists are completely ignorant to how money actually works. She states her husband is risk adverse and puts all of his money into a SAVINGS ACCOUNT AT THE BANK! Then their spending habits $800 a month on groceries and $1,100 a month on eating out!!! While they don’t save any money for their son. I get wanting to make your child work for their own but having savings increases options! Maybe it can be used to buy a truck or other equipment to perfect a skill or to open a shop. Even $10 a month is better than zero.

I say all this because people are truly clueless when it comes to money and savings. We are all duped into thinking real estate is this holy grail of passive income when this couple can just buy bitcoin and relax and not over leverage themselves with mortgages and debt. She said her goal is to have twenty homes to replace her income!!!

Do yourself a favor. Review this video and look what the mainstream is pushing. Most people don’t have a clue what saving money actually means. The real estate trend is over with bitcoin here. As time passes real estate will lose its premium.