Financial Health

Financial health summary:

• Financial health refers to the overall state of your financial situation.

• Debt levels, savings and investments, insurance coverage, and financial goals can all impact your overall financial health.

• No matter your current financial health, you can take steps to improve or maintain it.

Financial health definition and meaning

Financial health is an expression of your entire financial situation. Your finances don't have to be perfect to enjoy good financial health. 

For example, you may not have enough in an emergency savings account (yet!) to cover three to six months' worth of bills, but you’re managing your finances well enough in other areas. You could be financially healthy even if you haven’t hit all your targets