Financial Wellness:
Financial Wellness is a state of being satisfied with your current financial status and having a plan in place for future financial security.
Financial wellness involves being financially literate, taking charge of your finances and being responsible with your money. Problems with your finances and having financial uncertainties can cause a lot of stress to you and your family. Being in control of your finances is important for improving your quality of life.
Some of the Healthy behaviours for Financial wellness includes:
- Being financially literate
- Maintaining a budget and monitoring your spending
- Exploring ways to save money
- Reviewing bank statements and maintaining good credit score
- Setting financial goals for the future and working towards it
- Seeking for professional financial help if needed