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Jump $tart A Special Promotion for Kids & Teens April 7 - May 2, 2025
Does Your Child or Grandchild Have Their Own Account? Open one for free during this time.
Financial wellness is your ability to live within your means and manage your money in a way that gives you peace of mind. It includes balancing your income and expenses, staying out of debt, saving for the future, and understanding your emotions as they relate to money.
What are the 4 elements of financial wellness?
What are the 5 steps to financial wellbeing?
You may encounter bumps along the way, but the long-term results should be worth your effort.
Step 1: Gaining financial literacy. It's valuable to become familiar with basic financial concepts. ... Step 2: Budgeting. ... Step 3: Managing debt. ... Step 4: Saving. ... Step 5: Investing.
Managing your money can be stressful. That stress can find its way into other aspects of your life, including your job, family, and relationships. One of the primary reasons why financial wellness is important is that it can lower stress levels.
Get Money Smart During Financial Fitne$$ Month.
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