$117,400 Is Considered "Low Income"?!

Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . The Department of Housing & Urban Development announced in 2018 that an annual income of $117,400 for a family of four qualifies as low income. Here's what you need to know. Subscribe To Our Channel: http://bit.ly/M2YouTube 🚨Read Our FREE eBook🚨 Get Richer Sleeping - Investing 101: http://bit.ly/m2InvestingeBook Why You Need To Stop Saving Money & Spend More Money: https://youtu.be/KqLDMsmmAG4 $117,400 Is Considered "Low Income"?! 0:19 - Working with entrepreneurs, many people have an initial goal of making $100,000 a year 1:01 - The Department of Housing and Urban Development reported that $117,400 a year is low income in San Francisco 1:30 - People making $10,000 a month are struggling to get by financially 2:07 - High inflation is making things less affordable 2:54 - High sales taxes and state taxes are giving people less buying power 3:45 - Wages that aren’t enough to support the high cost of living 4:13 - Why people are stuck in the rat race 4:40 - Don’t rely on other people to take care of you financially 5:13 - College graduates are ending up low income 5:55 - Understanding entrepreneurship and how to create your own income is a necessity What Is The Minority Mindset? The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset. Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000. Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #ThinkMinority #FinancialLiteracy Twitter: @M2JaspreetSingh Personal Instagram: @M2JaspreetSingh Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/w9-p9a9BHTU Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh