Financial Wellness

Financial wellness refers to your overall financial health and your ability to manage financial expenses. Being able to keep track of expenses, make a budget and stick to it are important skills to develop for financial independence. People who experience financial wellness effectively manage their day-to-day and month-to-month finances, pay bills while saving for future goals, and have retirement plans that are on track. Achieving financial wellness involves developing appropriate habits. Those who maintain financial wellness have the freedom to make choices that allow them to enjoy life.

Goals for Your Financial Wellness

  • Create a realistic budget. Track your spending for 30 days to get an understanding of where your money is going.
  • Pay your bills on time.
  • Spend less than you earn. Reduce your spending and increase your savings.
  • Only borrow what you can afford. Every dollar you borrow today is a dollar less to spend tomorrow.
  • Set and achieve financial goals.
  • Conserve money for emergencies.

Financial Wellness Resources