SECURITY ~ BUDGETING ~ PLANNING
Financial Wellbeing relates to healthy financial management and personal satisfaction of one's financial security and freedom of choice, both current and future.
GOALS FOR YOUR FINANCIAL WELLBEING
Have control of your finances
Understand how to manage a budget, credit cards, accounts, investments, retirement funds, etc.
Handle finances with minimal stress
Have reasonable financial goals that suit your lifestyle
Effectively use time management when handling finances
PERSONAL REFLECTION
What are my financial goals for the next year? For the next 5 years?
Am I using my finances to support activities that give meaning to my life or to the lives of others?
What have I spent money on recently? Were these purchases necessary?
Do the finances I have match my needs?
FOSTER YOUR FINANCIAL WELLBEING
Set short-term and long-term financial goals
Take a finances course
Set and commit to a budget that fits your income
Set money aside in an emergency fund
Track the due dates of your bills
Pay off debts in small bites
Check your credit score regularly
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