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Optimal Finance Daily - Financial Independence and Money Advice

1290: Fixing Your Financial Foundation by Harry Stout of Financial Verse on Personal Finance Fundamentals

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 20 September 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

Harry Stout of Financial Verse teaches us how we can fix our financial foundations. Episode 1290: Fixing Your Financial Foundation by Harry Stout of Financial Verse on Personal Finance Fundamentals Harry N. Stout is an acknowledged senior leader in the global financial services business with experience in all key business areas with particular expertise in personal finance, life insurance, annuities, product innovation, and business management. He has over 30 years of financial services industry experience in the U.S. and abroad, working in Europe, Northern Asia, Africa, New Zealand, and Australia. Harry is the author of the FinancialVerse books and content. The books include - The FinancialVerse - A Common Sense Approach for Your Money and Today’s Life Insurance - A Protection Took for Your Future. In November 2020 his newest book Today’s Annuity Products - A Tool to Create Protected Lifetime Income will be published. The books are available through the FinancialVerse.com website and at Amazon, Barnes & Noble and through other major national book distributors. The original post is located here: https://www.financialverse.com/post/fixing-your-financial-foundation Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily, episode 1290, fixing your financial foundation by Harry

0:05.9

Stout of Financialverse.com.

0:08.6

And I'm Dan, I am your host here at Optimal Finance Daily.

0:11.4

I'm here every single day reading to you from some of the best personal finance

0:15.2

blogs on the planet and that includes weekends and holidays. And before we get into today's post from

0:20.9

Harry, have you subscribed to our other four podcasts?

0:23.5

Because we've got five of them and we cover all sorts of topics.

0:26.7

So we cover personal development and minimalism, health, relationships, and advice on those

0:31.6

other shows. To find them, just search for optimal living daily

0:35.0

wherever you're hearing this.

0:37.0

But for now, let's get right to today's post

0:39.0

as we optimize your life. your financial foundation by Harry Stout of Financial Verse.

0:51.0

Today is an update of a 2019 piece that I wrote about what you need to do to fix your financial

0:56.1

foundation to enable you to live through the financial ups and downs of life.

1:00.3

I thought you might want to revisit this topic as it truly describes where we find ourselves today.

1:05.0

We now read and hear the daily reports of the perilous and insecure state of the financial affairs of most American families.

1:12.0

People are standing in line at food banks, rent. of the financial affairs of most American families.

1:12.8

People are standing in line at food banks,

1:14.8

rent payments have been missed,

1:16.3

and millions of mortgages have gone into forbearance.

1:19.3

American families are experiencing the highest level of financial stress in their lifetimes.

1:24.0

This stress is being caused by the economic impacts of the COVID-19 lockdown,

...

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