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Showing posts from February, 2016

BOOST YOUR FINANCIAL WELLBEING

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Boost Your Financial Wellbeing through this Daily Checklist: Money plays a significant role in our lives. It’s a resource we use to meet our basic needs, have experiences, and plan for the future we want. However, financial wellbeing is more than just having enough money; it’s about having the knowledge, skills, and mindset to manage money effectively. In this article, we will go over a daily checklist to help boost your financial wellbeing. 1. Meet Your Basic Needs The first step in financial wellbeing is meeting your basic needs. This means having enough money for shelter, food, utility bills, and other necessities. If you have more money than you need for these basics, research shows that spending money on time-saving devices and experiences can bring joy beyond these basics. 2. Ask Yourself: “Do I NEED This?” Before paying or buying anything, ask yourself if you need it. This simple question can help you distinguish between needs and wants. Needs are essential, whereas wants are th