By: Shelby, Dana, Jessica, Diana Financial Wellness By: Shelby, Dana, Jessica, Diana
Financial Wellness Having a savings, retirement, and emergency fund while still being able to keep a stable financial life.
Skills financial wellness involves: Knowing how to manage your money. Using self discipline to live within your means. Using credit cards wisely Staying out of debt Meeting your financial obligations Having long-range financial plan Saving.
The Steps To Getting or Staying out of debt Know where your money is going Categorize Make a Budget Set Guidelines & Goals Keep Going Avoid Using Credit Cards Credit Card Debt Pay Yourself First Financial Literacy & Planning for the Future Tips For Those Who are Going to School Full Time With Little or No Income
Issues of Financial Wellness Bills or Credit Card Payments Mortgages or Rent Payments No Retirement Fund Household Spending Not Having A Budget Forgetting To Save or Not Knowing How To Overspending Mishandling Credit Cards
Sources: “Opening Doors” by Janet Elder & Joe Cortina www.youtube.com http://www.clarkhoward.com/how-get-out-debt-quickly-5-simple-steps/ http://www.usatoday.com/story/money/personalfinance/2014/09/20/wall-st-cheat-sheet- money-problems/15832929/ http://www.learnvest.com/knowledge-center/the-four-most-common-personal-finance- problems-solved/