Financial Wellness
Financial wellness is the ability to identify your relationship with money and skills in managing resources. This includes how well you’re able to stay on top of your financial obligations, how secure you feel about your financial future, and ultimately whether you have the freedom to make financial choices that allow you to enjoy your life.
Track Your Spending
Have control over your day-to-day, month-to-month finances like bills and mortgage or rent. Click here to learn how to create a budget.
Plan for the Unexpected
Have the capacity to absorb a financial shock. This could be fixing your car when it breaks down or paying for an unplanned medical emergency. Click here to read about the importance of an emergency fund.
45% of people say they would face financial hardship within six months if the primary wage earner died. (According to 2022 Insurance Barometer Study, LIMRA and Life Happens)
Prepare for the Future
Take charge of your financial future by discussing goals with your partner and/or family. When you write down clear, realistic goals you are more likely to achieve them. Click here for more ways to plan for the future.
Estimate the amount of life insurance coverage you need with this Life Insurance Needs Calculator from Life Happens.
Social Media
Here are four social media posts for you to use on your business or personal profiles to promote financial wellness and life insurance. Click on the image to enlarge, then right click and save to your desktop. Click here for caption ideas.
Life Chat Podcast
Financial wellness is the ability to identify your relationship with money and skills in managing resources. Join Cam Torstenson and Kirt Till as they discuss where to start to secure your financial future and how to begin making financial choices that allow you to enjoy your life.
More Resources
As you work on financial wellness in your own lives, don’t forget that life insurance can play a key role in protecting your loved ones future and insuring their hopes and dreams. More resources are available at Annuity.org.
Source: Turner, T. (2023, January 30). Financial Wellness. Annuity.org. Retrieved April 19, 2023, from https://www.annuity.org/personal-finance/financial-wellness/