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“Beware of little expenses, a small leak will sink a large ship” Benjamin Franklin

Watch Video: Making a plan to enhance your friendships

What is financial health?

Like physical health, financial health is also an important factor in being able to lead a happy and successful life.

Financial health doesn’t mean being a multi-millionaire.  It is about knowing you have enough money to meet your needs. It means you’re able to manage your money well enough in the present to ensure that you have the financial security you need to enjoy  and live the type of life that is important to you. 

It is never too early to learn the financial skills you need to manage your money.

There are four main components of financial health:

• How you SPEND your money
• How you SAVE your money
• How you BORROW your money
• How you PLAN for the future.

Next Activity: Complete a financial health quiz to see how you are currently tracking.

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