Motivational Demo Financial Stability

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Podcasting
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Description

Introduction to a course on financial stability

Vocal Characteristics

Language

English

Voice Age

Middle Aged (35-54)

Accents

North American (General) North American (US General American - GenAM)

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
I can think of very few other factors that have more relevance to an individual's long term personal stability, then financial stability if you think of it, the ripples, so to speak, of our financial decisions, both good and bad, flow through all aspects of our lives. They can affect us mentally, emotionally, physically, socially. They can influence the quality of even our most intimate relationships. They can also influence how effective and how efficient we are at performing the duties of our job. The U. S military has invested considerable resource is into its financial readiness program because they do not want financial readiness issues to compromise mission readiness. But why is this concept or this state of financial stability so difficult for the majority of the population to achieve? Depending on what survey you cite, as many as 2/3 of individuals and family units fall into the money management category of living from month to month. Basically, they can pay their expenses, but they have little if any, left over for savings, investing or planning for retirement.