The knowledge, skills and attitudes to manage your finances
The knowledge to help you make important financial decisions
Financial knowledge and decision-making skills help people weigh options and make informed choices for their financial situation. Deciding how and when to save and spend, comparing costs before a big purchase, and planning for retirement or other long-term savings are all especially important in today’s economic climate.
Managing your money well can achieve financial wellbeing which can affect physical, mental and social health so it is important to address your financial concerns.
Financial Health
Good financial health isn’t just about savings, it’s about spending wisely.
See our financial education topics below for further information and resources.
Why is financial wellbeing important?
Financial wellbeing is about having a good relationship with your money. It’s about making the most of your money from day to day and being secure enough to handle both expected and unexpected expenses.
Financial stress can have a knock-on effect on mental health, relationship breakdowns and physical health and is now more important than ever in light of the rising cost of living crisis.
Debt Worries?
If you are feeling overwhelmed by your financial situation seek help. There are a number of charities and organisations that offer free independent advice which can help ease anxiety and help you get back on track.