Physical health is probably the first thing that comes to mind when you hear the word health. This is most likely followed by mental and emotional health. Your financial well-being is an equally important part of wellness. While it’s something that doesn’t require a doctor’s visit, financial health still has a significant impact on your life.
An individual’s financial health is a measure of their current financial situation, including their credit, debt, savings, and investments. Financial health is a concept whose implications are widespread. For example, your physical and mental health may be adversely affected by poor financial health.
