Wellness in the financial dimension is the basic understanding of, and ability to function within, one’s economic and tax system. This includes balancing needs and wants in a way that allows for the development of short and long-term financial goals and budgeting skills, as well as the ability to avoid unnecessary debts, pay one’s bills and debts on time, and to live within one’s means. This also includes behavior choices that ensure adequate income, insurance, health benefits coverage, and investing and saving for future needs. Strong financial wellbeing allows for the capacity and opportunity to make contributions that support others (friends, family/children, and not-for-profit organizations).

Here are some tips for staying financially well:

• Create and follow a monthly budget based on your income, expenses, wants and needs
• Explore options for student loan repayment
• Know your credit score and check a credit report annually
• Utilize low cost resources for food, clothing, personal hygiene when possible
• Ask for help when you need it