WHAT IS FINANCIAL WELL-BEING?
Money cannot buy happiness, but feeling empowered about your money can lead to emotional well-being. According to the American Psychological Association, year over year, money is the number one source of stress in U.S. households, regardless of the economic climate.
Stress leads to a host of problems, including health, relationship, productivity, and more. It also contributes to a lower quality of life, which anyone who experiences stress can confirm. So, it stands to reason that feeling financially well is a critical part of ones overall health.
Your ability to think about your finances in the long-term and feel empowered about them will help lead to your most prosperous life. That’s part of financial well-being.
The indicators of financial well-being include: Financial Control, Confidence, and Freedom. Download your Financial Well-being Assessment to help pursue your most prosperous life.