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Sagot :
Financial wellness includes a person's ability to balance income and expenses.
Financial wellness can be described as effectively managing ones economic life.
Financial wellness includes :
- having adequate income need for survival
- having adequate savings for financial emergencies
- Having control over ones expenses. Not overspending or incurring excessive debt.
For example, a person earns $10 million per annum. Yet, he seems to be in debt as he spends excessively. Even though this individual earns a high amount of money, he cannot be said to be financially well because he is unable to manage his expenses effectively.
To learn more about financial wellness, please check : https://brainly.com/question/17683908?referrer=searchResults
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