- Faculty & Staff
What does financial health encompass? In general, it refers to the state of your personal financial situation—including factors such as the amount of savings you have, how much you're putting away for the future, and how much of your income you are spending on fixed or non-discretionary expenses.
Like physical health, your financial health can fundamentally affect many other aspects of your wellbeing. And don’t we all know it – money can be a major stress factor!
Thankfully, many aspects of your financial wellbeing are in your direct control. Sensible budgeting, saving where and when you can, and living within your means can help you reduce or avoid financial stress. Begin by establishing a personal budget. A personal budget can help you:
Then, check out the following financial resources. Creating a sound financial situation for yourself today can do much more than alleviate your current stress; it can create a foundation for your stable and secure financial future.