Financial Well-Being

Definition:

These bullet points are based upon the gallop poll results asking, "how would you define financial well-being."

  • Basic needs met
  • Not worried
  • Secure
  • Confident
  • Money to spend on others
  • Money to spend on experiences
  • Satisfied
  • Grateful

It turns out that most people are not dreaming of endless money, but would be happy to have a little more than is necessary to get by.  

DISCUSSION QUESTION:

Join the discussion by clicking on the "log in" link below to become a registered member of GlobalWell-Being.com. Earn credits for your participation in the discussion.

Do you agree that these bullet points are a good way to define "financial well-being"?  Which one is your favorite and why? Can you think of one more?

Please leave your comments below.

2 Comments

  1. I think another bullet point would be to “feel free.” I have a job mowing lawns, and when I get 20 bucks for doing it I “feel free” thinking I can go wherever I want and do whatever I please. Sure, 20 bucks isn’t a lot for some people, but to me it makes a difference.

    I do agree that these bullet points are a good way to define “financial well-being” because I would feel satisfied and grateful if I had enough money to buy that laptop I’m saving up for. If I had enough money I wouldn’t feel as worried because money can solve some of my struggles. I would feel very secure because as long as I have enough money, I can be confident that I can pay my bills on time or having enough to pay for insurance without worrying if I have enough money. My basic needs would be met if I had money to buy food, shelter, water, clothing, etc.. Having money to spend on others and experiences would also define “financial well-being” because I’m not only taking care of myself but others, too.

  2. The point of having enough money for my basic needs and even enough for others is a very satisfying and uplifting feeling to me. My financial well-being is based on whether I’m able to enjoy life with what I have.

Leave a Reply