The state and stability of an individual's personal finances and financial affairs are called financial health. Here are a few ways to improve it.
 | | Term of the Day | Words to Know | | |  | | Financial Health | | Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you're putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses. | | Read More » | | Related to "Financial Health" | | | | SPONSORED BY INVESCO | | The Complete Guide to ETFs | | ETFs are becoming increasingly popular and soaring to new heights among investors. Invesco's insights can help you determine if these investment vehicles are right for you. | | Learn More » | | | Financial Plan | | A financial plan is a document containing a person's current money situation and long-term monetary goals, as well as strategies to achieve those goals. | | Read More » | | | Net Worth | | Net worth is the value the assets a person or corporation owns, minus the liabilities they owe. It is an important metric to gauge a company's health and it provides a snapshot of the firm's current financial position. | | Read More » | | | Budget | | A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
/178066308-5bfc392bc9e77c0026b8bf9e.jpg)
/GettyImages-1139932365-f4f81e1145ad4ea19e8a890f1188994c.jpg)
/thinkstockphotos-200171422-001-5bfc2b4b46e0fb0026015ff2.jpg)
No comments:
Post a Comment