WHY SENIOR LEADERS SHOULD NOT TAKE PERSONAL FINANCE FOR GRANTED

For those that say 'I wish I would have started a little bit earlier but I didn't' -- don't despair. ... Start now! The demands on senior leaders can sometimes overwhelm their abilities to manage their personal affairs and maintain a healthy work-life balance. Thinking about and planning for the long-term may lose out against the short-term demands of leading and managing the defense enterprise. But senior leaders who improperly manage their money can not only fall into debt and assume significant risk but also expose themselves to security risks. Personal finance -- which includes savings, investments, and insurance -- is therefore a readiness issue, one that too many senior leaders overlook until it is too late. A BETTER PEACE Editor-in-Chief Jacqueline E. Whitt welcomes two recent graduates of the U.S. Army War College -- Jay Parker and Mark Henderson to discuss a senior leader's perspective on personal finance. What is it, what tools does it require, and how does one balance tomorrow's financial security with the intense demands of the here and now? Jay Parker is a lieutenant colonel in the U.S. Army and a graduate of the U.S. Army War College resident class of 2019. Mark Henderson is a colonel in the U.S. Army and a graduate of the U.S. Army War College resident class of 2019. Jacqueline E. Whitt is the Editor-in-Chief of A BETTER PEACE. The views expressed in this presentation are those of the speakers and do not necessarily reflect those of the U.S. Army War College, U.S. Army, or Department of Defense. Photo Credit: Pixabay, via Pexels.com under the creative commons license