What do you do with 24 Hours? - Financial Fitness with Alan Akina

19 Aug 2015 · 1 min

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1:16

In this brief motivational monologue, Alan Akina cites a Bureau of Labor Statistics survey that details how adults aged 25‑54 with children allocate their 24‑hour day—8.7 hours working, 7.7 hours sleeping, 2.5 hours leisure, 1.7 hours miscellaneous, 1.3 hours caring for others, 1.1 hours household tasks, and 1 hour eating/drinking. Using this breakdown to illustrate limited time, he challenges listeners to carve out just four minutes each day (about two hours per month) for focused financial management, including detailed planning and retirement projections. He argues that this modest, consistent effort can significantly improve future financial security, especially for retirement. The talk closes with a personal birthday greeting to his daughter Keeley, adding a warm, human touch.

Chapters

Good morning, gang. 24 hours a day, we all have it, but how many of you wonder where all of your time goes? Now, I was curious, so I found a survey done by the Bureau of Labor and Statistics that tracks the average workday for employed persons between the ages of 25 and 54 with children. Here's what they found: 8.7 hours at work or work-related activities, 7.7 hours sleeping, 2.5 hours of leisure and sports, 1.7 hours of miscellaneous things, 1.3 hours of caring for others— good stuff there— 1.1 hours of household activities, and 1 hour of eating and drinking. And there goes your 24 hours. Does this sound familiar? Well, my challenge to you is to find just 4 minutes a day, which comes out to 2 hours a month, to manage your finances. Putting in 2 solid hours of money time, I mean seriously thinking through things, creating detailed plans, and building financial projections. Doing this now will make a big difference in your future, especially in your retirement years. For Wake Up Today, I'm Alan Akina, wishing you all the best and a happy birthday to my daughter Keeley.