Being financially
healthy usually means having sufficient income to cover for daily expenses for
the rest of your life without having to make loans or be in debt in order to
get by every day.
There are people
who achieve this by developing useful money habits which can be seen through
saving and investing over many years. Others become successful enough that
their investment can generate income without daily supervision.
There are many
different approaches to becoming financially healthy and can be taken by
average Americans.
Photo credit: financiallyeliteblog.com |