Financial Health: Definition and How to Measure and Improve It

Financial-Health-Definition-and-How-to-Measure-and-Improve-It

Financial health is a term that encapsulates the state of one’s personal financial situation. It is a measure of an individual’s or household’s ability to manage expenses, debt, and savings, as well as their capacity to withstand financial shocks and achieve financial goals. Just as physical health involves maintaining a balanced diet, exercising, and monitoring …

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