Episode 20

Your $796,000 Share of the National Debt

Published on: 16th November, 2021

In this episode Harry explores the real amount of debt our government owes, including trillions of dollars of unfunded Medicare and Social Security benefits. The national credit card is being used with increasing frequency and the repayment bill will likely increase taxes, cause programs to be cut and decrease our nation's ability to deal with a future crisis.

Episode Links:

https://www.financialverse.com/post/207-your-796-000-share-of-the-national-debt

https://www.truthinaccounting.org/library/doclib/Financial-State-of-the-Union-2020.pdf

https://www.usdebtclock.org

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About the Podcast

The FinancialVerse Podcast with Harry Stout
We work to make personal finance understandable for people of all ages.
Welcome to the FinancialVerse podcast with financial services industry thought leader Harry Stout! If you are like most Americans, you have received little to no personal finance education. In fact, you’ve likely received more formal training to drive a vehicle than managing money. You have likely developed your relationship with money through daily living and trial and error. Now, just suppose you could find a resource that could explain, in easy-to-understand language, what your financial life will look like, the challenges you’ll face and then equip you with the knowledge to address your issues. That is what the FinancialVerse podcast does for you. Each 7-to-10-minute episode has been designed to fit into your busy lifestyle.

You'll learn about financial literacy fundamentals, budgeting, insurance, investing and creating financial security for your household. The podcast appeals to individuals, financial professionals and those in the educational field looking to improve and grow their knowledge of money. You don't need a financial background to better manage your money.

Our goal is to enable you to live a financial life with less drama, anxiety and stress. Money is a necessary tool you must deal with in life. The FinancialVerse podcast provides you with ideas, resources and information to improve your relationship with money.