Good Evening, Ladies and Gentlemen!
It is a pleasure to be here with all of you tonight. I want to talk to you about something we all need to be aware of: financial basics.
Why Financial Basics?
We all know that money is an important part of our lives. It affects the way we live day-to-day and how we plan for the future. That is why it is so important to understand the basics of finances. Knowing the basics will help us make better decisions with our money and help us plan for our future.
5 Financial Basics
Let’s take a look at 5 financial basics that everyone should know.
First, you should learn about budgeting. Budgeting is about learning to manage your money by tracking your income and expenses. This will help you save money and plan for the future.
Second, you should understand the importance of savings. Savings is essential to building your financial security. It will help you in case of emergencies and it can also help you achieve your financial goals.
Third, you should know about taxes and filing. Taxes can be complicated, but it is important that you understand the basics. It is important to file your taxes on time and to make sure that you are filing correctly.
Fourth, you should understand how to use debt wisely. Debt can be a great tool if used correctly. You should learn how to use debt to your advantage and how to use it responsibly.
Finally, you should know about investing. Investing can be a great way to build your wealth over time. It is important to understand the basics of investing and to find investments that make sense for your goals.
Conclusion
We all need to understand the basics of finances in order to make the best decisions with our money. Knowing the basics will help us save money, plan for the future, and build our wealth.
I hope you have found this information useful. I wish you all the best on your financial journey!
Thank you.
Feedback for the Speaker
Appreciation:
I appreciate the speaker for presenting an informative and thought-provoking speech on financial basics. The speaker was able to effectively communicate the importance of financial basics, as well as provide a list of five key aspects of financial knowledge that everyone should know.
Strengths:
Opening Statement: The speech had a clear and concise opening statement that was able to capture the audience’s attention, set the tone and purpose of the speech, and give the audience an overview of what was to come.
Topic Development: The speaker clearly developed the topic by providing a detailed explanation of each of the five financial basics. The speaker was also able to effectively explain why each of these basics are important and how they can help people manage their money and plan for the future.
Conclusion: The conclusion of the speech was concise and effective in summarizing the key points of the speech. The conclusion also provided a call to action, encouraging the audience to take the steps necessary to understand the basics of financial literacy.
Areas of Improvement:
Organization: The speech would benefit from a more organized structure. The speaker should have provided specific headings to signal the next topic and to help the audience follow the flow of the speech. For example, the speaker could have used subheadings such as “Budgeting”, “Savings”, etc. to clearly mark the beginning of each new topic.
Engagement: The speaker could have engaged the audience more by using rhetorical questions, storytelling, or other techniques to maintain the audience’s interest throughout the speech. For example, the speaker could have asked the audience a question about their experiences with budgeting to get them involved in the discussion.