It’s an odd question to ask someone off the cuff, “What does Financial Health mean to you?”
Some people may hear that phrase and focus on the health side, wondering about hospital bills or medical insurance. Others may quickly understand that this is really about where one is financially, such as if their bills are able to be paid, or if their child can go to college.
But financial health is all that, and much more. It’s a subject that can impact anyone at anytime. Right now 57% of Americans are struggling financially. This is approximately 138 million adults, and it’s not just the ‘poor’ that struggle with finances, it’s people from across the several demographics. (Source: Financial Health Consumer Segments.)