Page 5 - A Guide To Financial Health v2

Erik is an incredibly responsible manager, father, and husband. He tries to save money.

But his parents, also chemical engineers, never really taught him how to manage his

finances, and the public school system cut home economics long ago. The financial

literacy videos he's watched on YouTube seem simple enough, but they don’'t help him

save when there’'s not enough money and too much month. You wouldn't know it by

talking to him, but Erik and his family are struggling. He feels it the most when he can’t

afford to put gas in his SUV, which, cruelly, makes it hard

to get to work and earn the money to pay for gas. Or when his wife calls, exasperated

in line at the supermarket, phone in one hand and toddler in the other, because her card

was just declined at the register. Or when his daughter needs medicine for yet another

something she picked up at daycare, and Erik has to pick between caring for his child or

paying bills.

“I think it's time to make a resume,” Erik tells

his wife. “We just can't keep struggling like this.”

Erik's situation is not unusual. It is the new

normal. The majority of Americans live paycheck

to paycheck, struggling to make ends meet. And

the stress of that struggle does not magically

Erik Reid disappear when people leave their home and

enter a workplace. They bring their stress with

them, affecting their attitude, their

performance, and ultimately, their desire to stay

and grow with a company.

This short book summarizes the research that

explains why so many people like Erik are

struggling, the measurable impact it's having on

businesses, organizations and what you should

consider when starting a project to help. I hope

you find it useful.

FOUNDER & CEO

UMBRELLA