Financial wellness is a balance of the mental, spiritual and physical aspects of money. Above all, it is having an understanding of your financial situation and taking care of it in such a way that you are prepared for financial changes. Hence, maintaining financial wellness means being comfortable with where your money comes from and where it goes.
In addition, it is being protected against risks that are difficult to predict and could have detrimental financial consequences. There are a number of factors that can affect your financial wellness. Without it you cannot live a happy and healthy life.
If you are financially stable you have more margin. In other words, you don’t have to life to the end of your means. You have a buffer in your financial plan as a contingency. Also, financial wellness involves the process of learning how to manage your financial expenses successfully. Money plays a critical role in your life and not having enough, impacts your health as well as your performance. For instance, keep track of your expenses, make a budget, and stick to it. This is the foundation of learning how to be financially responsible and independent. Learning how to maximize your financial wellness will help you feel prepared to handle stressful financial situations in the future.
This section is designed to provide you with valuable information for your financial wellness. The articles below contain tips and recommendations on topics related and relevant to you.
Sense of purpose is the motivation that drives you toward a satisfying future. Hence, your sense of purpose helps you get the most of life and it helps you achieve what matters most to you. Most importantly, it feeds intrinsic motivation and it creates meaning from life. Purpose is our driver. Certainly, purpose is a fundamental component of a fulfilling life. Our purpose is to help you find yours.
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