Financial wellness

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The financial dimension of wellness refers to the state of one's financial well-being, which is essential for leading a healthy and fulfilling life. It encompasses several factors such as income, expenses, debt, investments, savings, and financial security.

Financial stress and uncertainty can negatively impact an individual's health, so maintaining financial wellness is crucial for overall well-being. Achieving financial wellness requires adopting good financial habits such as budgeting, saving, investing, and managing debt effectively.  Financial wellness is not just about having a large amount of money but about effectively managing one's finances, having a clear understanding of one's financial goals and priorities, and making informed decisions about money. 

This dimension encompasses various aspects of financial management, such as budgeting, saving, investing, and planning for the future. Financial wellness also involves understanding and utilizing financial resources and tools effectively. This includes understanding financial terminology, knowing how to access and use financial services and products, and being able to make informed decisions about financial matters. Overall, the financial dimension of wellness is an important aspect of one's overall well-being, as it provides a sense of financial stability, security, and peace of mind.