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Two Cents

PBS Digital Studios and the producers of It’s Okay to Be Smart bring you TWO CENTS, a new weekly series about personal finance for millennials and Gen Z.

How Rich People Hide Their Money!

8m 11s

The US Department of Treasury estimates that the ultra wealthy in America are skipping out on more than $160 billion worth of taxes every year. The wealthy, though, don’t make the majority of their money from working for a paycheck. Instead, they invest their money allowing it to grow by millions and billions. And it’s only when they sell an investment that they actually owe taxes on this wealth.

Episodes

  • How Rich People Hide Their Money!: asset-mezzanine-16x9

    How Rich People Hide Their Money!

    S7 E6 - 8m 11s

    The US Department of Treasury estimates that the ultra wealthy in America are skipping out on more than $160 billion worth of taxes every year. The wealthy, though, don’t make the majority of their money from working for a paycheck. Instead, they invest their money allowing it to grow by millions and billions. And it’s only when they sell an investment that they actually owe taxes on this wealth.

  • How Undocumented People Afford College: asset-mezzanine-16x9

    How Undocumented People Afford College

    S7 E5 - 10m 53s

    Besides tuition costs, there's room and board, books and supplies, transportation, health insurance–not to mention the opportunity cost of postponing the start of a career. However, having a 4-year degree will most likely pay off down the road in the form of a higher salary. But what if you weren't sure you'd legally be able to get a job once you've graduated?

  • Should I Get An Electric Car?: asset-mezzanine-16x9

    Should I Get An Electric Car?

    S7 E4 - 10m 19s

    If you've been in the market for a new car in the last couple years, you've probably at least considered an electric vehicle. But tracking all the pros and cons can be daunting, and it seems like there are new technological and policy announcements every week. Which Electric Vehicle is right for you, or whether you should buy one at all is highly dependent on where you live, what you do, and what

  • Is Airbnb Dying?: asset-mezzanine-16x9

    Is Airbnb Dying?

    S7 E3 - 7m 11s

    While AirBnB is more successful than ever, boasting $3.4 billion in revenue last quarter, and 70% increase in their stock price in 2023...some travelers returning to traditional hotels. Customers are annoyed at excessive cleaning fees, outrageous house rules, and long lists of check out chores. Can AirBnB survive?

  • How High Interest Rates Upended the Economy: asset-mezzanine-16x9

    How High Interest Rates Upended the Economy

    S7 E2 - 8m 30s

    Unless you’ve been living under a rock, you may have noticed prices on the whole started to rise in response to the pandemic causing inflation. There was a similar hike in inflation back in the 80’s. In response, the government raised interest rates quickly and severely causing the nasty side-effect of a crippling recession. After peaking in June of 2022 at 9%, inflation plummeted back down to 3.

  • Why Do Americans Think the Economy is Worse Than It Is?: asset-mezzanine-16x9

    Why Do Americans Think the Economy is Worse Than It Is?

    S7 E1 - 10m 21s

    Have you heard that inflation is spiraling out of control? Have you heard that we're in a recession? Have you heard that people have less spending power today than their parents did 30 years ago? If you're on social media (and who isn't?) you've probably heard some or all of these facts presented like they were common knowledge. The problem is… they're all wrong.

Extras + Features

  • Welcome to Two Cents!: asset-mezzanine-16x9

    Welcome to Two Cents!

    45s

    PBS Digital Studios and the producers of It’s Okay to Be Smart bring you TWO CENTS, a weekly series about personal finance for millennials and Gen Z.

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