👩🏻‍⚖️ GUILTY! We're making you rich.

TL;DR: Presidential money, influencers get jobs, fewer babies, and human coins

Happy Saturday Friends!

It’s been a wild week, to say the least. While we generally steer clear of politics in this newsletter, sometimes the situation demands our attention. Despite facing legal troubles, Donald Trump continues to rally significant support. Wall Street, in particular, is putting its money where its mouth is. After a Manhattan jury found Trump guilty in his hush-money trial, his campaign raised $34.8 million in less than 24 hours. The surge in donations demonstrates how Trump is leveraging his legal challenges to galvanize his base. Nobody knows whether Trump is going to jail or not, but we do know how a presidential election can shape your finances:

Whatever the outcomes of this fall’s political campaign, Investrio is here to help you take control of your finances, save you money and grow your wealth.

🚨On the radar:

Influence on the Clock: Full-time influencers are increasingly returning to traditional nine-to-five corporate jobs. The instability of income from social media, especially for those without massive followings, is driving this shift. Many influencers find it challenging to generate consistent revenue solely from brand deals and ad revenue, leading them to seek the financial stability and benefits that come with corporate roles.

Can’t Afford Them: Millennials are redefining lifestyles by opting for "DINK" (dual-income, no kids) households, prioritizing financial freedom, career growth, and personal enjoyment over starting families. This shift impacts the economy, with reduced demand in housing, education, and childcare, but boosts sectors like travel and luxury goods. As millennials' spending habits change, so does the economic landscape, highlighting their significant influence on future market trends

Own a 401(k)? Vote on Elon’s Pay. Normally, your fund manager calls the shots, but that's changing. Big investment firms are embracing "pass-through voting," letting you have a voice during proxy season. Remember your money is your vote, and BlackRock, Vanguard, and State Street Global Advisors are now letting you take the charge.

Crypto Corner

The Future of Finance: Is It Looking You in the Eye?

OpenAI execs met with Argentina's president earlier this week to chat about Worldcoin, where you get WLD tokens by scanning your eyeball. Yes, you read that right. Worldcoin is all about "proof-of-humanity" to combat the growing influence of AI and bots in the digital landscape. But is it revolutionary or just plain creepy?

Worldcoin has the potential to be a game-changer for financial inclusion. Imagine the unbanked gaining access to global markets with a simple iris scan! This technology also promises a more secure crypto environment by ensuring only real people participate, potentially reducing hacks and scams. Investors and users alike could benefit from this enhanced security.

However, the convenience of Worldcoin comes at a cost. Surrendering your biometric data, like your iris scan, raises serious privacy concerns. Who controls this data, and how secure is it? In an age of data breaches, this is a valid worry.

is Worldcoin a step towards a secure, inclusive financial future, or a privacy nightmare in the making?

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In Abundance,
Joyce and Laura