Planning and preparing for our own personal financial journey can boost wellbeing.
That’s what the research tells us.
But just what does the term ‘financial wellbeing’ mean to you?
Lifetime’s National Business Development Manager Andy Wealthall (pictured) was asked how he would define financial wellbeing:
“If you take a look there are lots of descriptions out there. It can refer to a sense of security, a feeling of having enough money to meet your needs. It can mean being in control of your day-to-day finances and having the financial freedom to make choices that allow you to enjoy life.
“But to me it is even more than that. Financial wellbeing is enlightenment, empowerment and something that allows you to have clear sight of where you are going and if you can get there. It’s about being confident in making big decisions, knowing that you are making informed choices.
“It’s not about how much money you have, it’s about being able to live your best life; the life that’s right for you as an unique individual.”