ADVERTISEMENT Financial wellness is more commonly known as financial well-being (FWB). It assesses the quality of life in economics.
In the 1970s, when the term first emerged, it was used by American economists to analyze the American population. Other states began using it as an index of well-being.Financial security is the primary goal of financial well-being.
It’s not limited to baseline security, though. Through financial wellness, you can save quite a bit of money. So, you can apply the habits you learn at any stage of your life.Read more on powerofpositivity.com