When you hear the term “wellness,” you may understandably think of wellness of the physical, emotional, and/or spiritual variety. These forms of wellness are all important. Without wellness being present in those areas, life would be difficult.
However, there’s another type of wellness that is also crucial. It may not be on par in importance as the ones mentioned above but it can improve on your life. What we are talking about here is financial wellness.
Money doesn’t solve every problem. However, it can solve some problems. If your financial life is not well, you will have difficulty paying for the things you need, raising a family, and saving enough money for retirement.
So what is financial wellness and how do you get there? Let’s define it and then look at some steps to get you moving in the right direction.