Century Park Blog

Recent years have seen an uptick in conversation around wellness. In the same way your body needs exercise and sleep, your soul needs connection and purpose, your mind needs stimulation and rest, your financial health also has crucial needs.

What is Financial Wellness? Financial wellness describes the overall health and well-being of your money life.

Financial Self-Care Feeds Financial Wellness

Financial self-care describes a mix of financially healthy habits and behaviors. A financial self-care routine can help you build financial security and stay on track with long-term goals without sacrificing your sanity, security, or satisfaction with your current life. Like those more familiar types of self-care, financial self-care is a practice of maintenance; small steps regularly applied that contribute to a healthy relationship with your money.

6 Tips for Practicing Financial Self-Care

• Check on Your Spending: It is a great habit to take a quick look at your spending once in a while.
• Learn Something New: There is always some new term or concept to learn about, and doing so is a great way to expand your financial literacy.
• Set or Update a Financial Goal: Know what you are striving for so that you can build a plan to get there and stick to that plan.
• Do an Accounts Check-up: Periodically doing a check-up on your accounts is a gift to yourself. It's crucial to be aware of where your assets and liabilities are.
• Have an Honest Conversation About Money: Honest conversations about money significantly boost a healthy financial life.
• Celebrate Your Progress: Celebrating the joys along they way, both big and small, has a huge positive impact on financial wellness.

We all have different dreams for our money. Some want a big house, while others want financial independence. But one thing we all have in common is wanting financial stability, security and peace.

Money should not be something that drains your energy but instead a vehicle for conducting day-to-day business and for shaping the future life you want to live. Along that path, essential financial self-care habits can help you maintain financial wellness and a fundamental sense of peace and balance.

Sam “6 Financial Self-Care Tips to Improve Your Financial Wellness.” Smarter & Harder Blog, 31 March 2023, www.smarterandharder.com