Financial wellness refers to your relationship with money and how it affects your life. Both your financial management skills and mindset are equally important as your income. Achieving financial wellness involves reducing ongoing financial stress. It means understanding your financial situation and having a solid strategy to manage it effectively. By prioritizing your overall wellbeing and striving for financial wellness, you can create a more balanced and fulfilling life.
Read more about why is financial wellness important for our overall health →The Link Between Health and Financial Well-Being
Financial well-being can impact nearly all areas of your life, including your physical and mental health →Frugal living discussions often talk about pinching pennies or “stretching a dollar.” A penny saved is a penny earned, or so the saying goes, but is that actually the case?
The Upside of Frugality →“How we handle our finances is very much tied to how we experience life,” says John Pharr, CPA, a tax and financial advisor based in Pensacola, Fla. “Our spending, saving, and money management habits reflect our psychological health. By getting a handle on them, we can dramatically reduce our worry and anxiety and regain a sense of control.”
How to fix your finances: 6 tips for financial wellness in 2025 →36-year-old mom making $10,000 a month in passive income: The 3 books that helped me get rich and ‘live life on my terms’ by Rachel Himenez
These are the three books that shifted her mindset about money, helped her build wealth →Is Sports Betting The New Threat To Your Financial Wellness? by Cyrus Purnell
The mixture of sports betting with the 24/7 access of a mobile phone can be a pernicious mixture →"I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes."
- George Soros
"Financial security and independence are like a three-legged stool resting on savings, insurance and investments."
- Brian Tracy
The Diderot Effect: Intertwined Behaviours by Dr. Shoury Kutappa
Our natural tendency is to consume more, not less. Taking active steps to reduce the flow of unquestioned consumption makes our lives better →"The slightest adjustments to your daily routines can dramatically alter the outcomes in your life."
- Darren Hardy
You might not realize it, but there is something called financial personality, and it can play a big role in your ability to handle and manage money.
How Your Personality Is Affecting Your Finances →← Curating the web to find the most interesting and helpful information about your money.