What is Financial Well-being?
Money may not buy happiness, but it is hard to be happy if you cannot meet your basic needs. Beyond that, the actual amount of money you have has less of an impact on your overall well-being than financial security and how you manage and spend your money. Financial well-being is about effectively managing your economic life.
Financial Well-being in Kosciusko
The Gallup Survey measured responses to the following statements regarding Financial Well-being:
- You have enough money to do everything you want to do.
- In the last seven days, you have worried about money.
- Compared to the people you spend time with, you are satisfied with your standard of living.
