Preparing Yourself For The Expenses You Didn’t See Coming

Money is not always an easy thing to manage. If you are on a tight budget, then any kind of unexpected expense could be the straw that breaks the camel’s back. Of course, some expenses don’t need to be paid right away, while others need to be paid immediately. The best thing that you can do here is to have some kind of rainy day fund to help you out when these expenses occur. If you don’t know what kind of expenses we are talking about that’s exactly what we’re going to be talking about. Keep reading if you would like to find out more.

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The Importance of Financial Wellness

What is financial wellness?

Financial wellness is not a term you hear every day. Popular among those that practice it, financial wellness describes how well you manage financial expenses, emergencies and economic goals. 

In a nutshell, financial wellness is all about your relationship with money, whether you’re a student, civil worker, or young, successful entrepreneur

In all relationships, security takes pole position amongst our expectations. Many people feel deeply secure in both good and bad times if their partner is close by and responsive. (source: PsychologyToday)

The same happens with money; this makes financial security the primary goal of financial wellness, alongside good mental health and personal relations. (source: salaryfinance)

In this article, we tackle the meaning of financial wellness and explore some of its benefits. And in between, you will learn simple tricks that will kickstart your journey of financial wellness.

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