Tag: resilience

4 Ways Financial Wellness Differs From Financial Planning

People should think about several facets of planning beyond budgeting and paying bills to achieve true financial wellness. Financial planning involves covering current obligations, saving for the future, eliminating or minimizing debt, and creating a budget. While those aspects are essential, planning differs from overall financial wellness, which encompasses your entire economic life and uses planning tools as building blocks to get there. Here are four ways the two differ.