Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
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
Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.
