This episode is chock full of content-rich information centered on the state of U.S. citizens and their number one worries which are financial woes. Paul also makes a strong case for people to get their financial house in order, so they can avoid being in poverty. This is an insightful episode that can help listeners no matter the country they live in.
Financial fitness is one of the most important goals people should have in their lives. Why?
The pandemic, economy and jobs are playing pronounced roles in the life and lifestyle of U.S. citizens. Paul shares a fact many people aren't aware of and it's this, over 10.5% of U.S. citizens are in poverty. The World Bank defines poverty as a pronounced deprivation in well-being, it's real for many Americans.
Consider this, did you know that half of U.S. citizens are facing poverty? The likelihood is the pandemic is driving this surge but it doesn’t have to be like this.
Why? Half to ¾ of people are living paycheck to paycheck and people are stressed by money worries. The pandemic isn’t helping this situation and the people most affected are healthcare workers, frontline workers, doctors, nurses, hospital staff, firefighters, police officers, grocery store employees, bus, train, and airline staff, hospitality, and retail staff.
Sixty-two (62%) percent of people are stressed out by financial woes brought on with uncertainty of their employment which impacts their wallets, purses, and more. So, how can you ensure you don’t slide below the poverty line? It's time to batten down the hatches and get your life aligned with your financial life.
One of the most important things you can do for yourself and your family right now, today is to get your financial house in order. Have the money talk, conversations about where you stand with your finances today, calculate your net worth, assets, subtract your debts, and move forward from there.
Discover more about Paul's online course Money Mindset Strategies: An Online Course That Leads To Financial Freedom https://bit.ly/3dbperG