Financial wellness is having a general understanding of how money works and striving to live within your means. Additionally, financial wellness includes minimizing or eliminating debt, saving for the future, and saving for emergencies. Most spending behaviors are either a learned or emotional habit.
In order to change a behavior, we must first recognize that an imbalance exists. Typically when a person strives to make lifestyle changes, the first thing we hear is “I can’t afford ….”. Once a person’s priorities and goals are properly aligned, they have the ability to do things they never thought were possible.