Top 5 This Week

Related Posts

Financial Wellness in the Twin Cities: A Holistic Approach

Practicing Financial Wellness: Tips from Bruce Helmer and Peg Webb

Financial wellness is a hot topic in today’s economy, with concerns over financial security at the forefront of many workers’ minds. According to a recent survey by Mercer, a global investment consulting firm, 72% of workers identified inflation stressors and market volatility as their top financial wellness issues.

In response to this growing awareness, the definition of financial wellness has expanded to include not just budgeting and saving, but also investing, planning, and overall well-being. From managing everyday expenses to preparing for retirement, individuals are seeking ways to achieve financial security and freedom of choice for the present and future.

To help individuals practice financial wellness, experts recommend a variety of activities, including increasing financial literacy, creating a net worth statement, tracking spending, reducing unnecessary expenses, increasing retirement savings contributions, paying off bills, setting up an emergency fund, checking credit reports, reviewing asset allocation, and working with a financial adviser.

While the list may seem daunting, experts advise individuals to start with one or two financial wellness goals and work on them at their own pace. By celebrating victories and milestones, individuals can build confidence in their ability to achieve financial success and overall well-being.

Ultimately, financial wellness is a journey that requires practice and dedication, but with the right tools and resources, individuals can take control of their financial future and enjoy the success they deserve.


Please enter your comment!
Please enter your name here

Popular Articles