137 Paul Lawrence Vann Shares Insight On The Current Financial Challenges People Are Facing

Just as people in the U.S. were making progress during the
pandemic they faced incredible financial hurdles that changed the
scenery for their lives. In comparison to 2020, this year
reflects that 49% of people are satisfied with where they stand
in comparison to 2021.


Unemployment is the overriding issue when it comes to financial
woes people are experiencing. Why? During the height of the
pandemic, some companies operated at 50% capacity meaning
employees weren't earning as much income, some companies closed
altogether, and other businesses operated at full capacity,
albeit from remote locations.


Young adults are experiencing the most challenging financial
times because they don't earn as much as middle-aged or seniors.
Student loans, limited hours of work, and uncertainty continues
to place a lot of pressure to maintain their ability to pay for
their apartment and other expenses.


During the Great Depression, more people lost their homes to
mortgage foreclosure and were sued by lending institutions for
their inability to pay personal loans, student loans, medical
expenses, and more. The pandemic continues to take lives, thus
the importance for people today is to have healthcare, housing,
and pay their debts.


Encourage your family, friends, and colleagues to listen to this
episode and go to Apple Podcasts and rate and review this episode
and provide a 5-star rating. This episode gets to the heart of
the matter when it comes to discovering financial pain points and
navigate to overcome any financial deficiencies that exist for
you and your family.