The Financial Health Institute provides innovative educational courses that guide individuals and organizations to become more aware of the ways in which financial stress affects their overall well being and develop strategies to manage resources, reduce stress, and improve health.
The Financial Health Institute envisions a culture that is well-informed and able to execute changes that lead to improved physical, mental and economic health.
What is Financial Health?
Financial Health is the way in which one’s financial and economic resources affect their physical, mental, and social well-being.
Why is Financial Health Important?
Approximately three quarters of the U.S. adult population report money as their number one source of stress. The rate of lifestyle-related, stress-induced illness (obesity, diabetes, and cardiovascular disease) continues to increase at an alarming rate, driving up health care costs, out-of-control medical debt and bankruptcy.
Conversely, when an individual’s health is compromised, it can lead to significant financial stress, which then exacerbates the preexisting health condition. Financial Health education guides people and organizations to become more aware of how they use their finances and economic resources and ultimately how their decisions, behaviors, routines and habits impact their overall well-being.