If someone asked you whether or not you are financially healthy, how would you answer? Most people would respond with some variation of, “What do you mean?”
We don’t have a great definition for financial health in this country. And the sad truth is, as a nation, we are not very financially healthy.
There are three basic factors that Liz Weston, writing for Nerd Wallet, says makes someone financially healthy. First, they can manage their day to day financial life. Second, they can absorb a financial shock. And third, they are on track to meet their financial goals.
Click here to learn more about how to determine whether or not you are financially healthy.