Explore the Wellness Wheel: Financial
Much like the other areas around the Wellness Wheel, financial wellness looks different for different people! Finances are the #1 stressor for around 73% of Americans, according to a study done in 2021. Managing finances can give you better control of overall stress! While individual goals may differ, we can organize financial wellbeing into 3 goals: 1. Managing day-to-day finances Balancing your income and expenses to pay for day to day necessities like housing, food, clothes, utilities, etc Setting and sticking to a budget can be helpful for day-to-day expenses 2. Setting and achieving long and short-term goals Getting ready for a big purchase (buy a house or car, saving for retirement, planning for vacations or college) Paying down debt 3. Protection for emergencies Having savings for a rainy day Being prepared for a serious illness or injury, an expensive repair, or loss of income For more, visit https://www.prudential.com/financial-education/financial-wellne...