Are you financially healthy ?

Financial health describes the state of a person's personal financial situation. Its dimensions include savings, retirement planning, and the income spent on fixed or non-discretionary expenses.

While this concept focuses on the state of your finances, its implications are all-encompassing; the stress of poor financial health can wind up affecting your physical and mental health.

Here's how to assess your financial health and improve it.

a) You make enough income to live comfortably
b) You have no debt, or your debt is manageable and being repaid on schedule
c) You're saving adequately for short-term and long-term goals
d) You feel mentally and emotionally comfortable with your financial situation
e) Your credit score is high enough to help you qualify for whatever financing you need at low rates

#financialhealth #overcomeinflation

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