Financial wellness is an on-going process and combination of increasing awareness of your current financial state, strengthening your knowledge of Financial Literacy, making well-informed decisions, and taking intentional and mindful steps towards achieving
a healthy financial well-being.
Financial Literacy vs. Financial Wellness
Financial Literacy relates to how you understand and engage with your relationship to finances. Financial Literacy is a life-long skill, during which you continue to increase your knowledge and acquire new information about various financial topics in
order to make well informed decisions. Whether it’s understanding how to complete your taxes, effectively educating yourself before buying a new car, or gaining new tools to sustain a monthly budget, Financial Literacy provides you with an educational
lens before you decide to take an action and make a financial decision.