--- title: How To Practice and Prioritize Financial Wellness description: Starting with small, monthly changes is a great place to begin your financial wellness journey. Getting your money together before you take any big steps can help lead you to your goal. Try a few of these tips to get started: image: https://articles.wellzesta.com/hubfs/Untitled%20design%20(4)-3.png --- [![Wellzesta](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/652ed4901978b1a2ac40ce28_LogoWellzesta.svg)](https://www.wellzesta.com/) [Home](https://www.wellzesta.com/) [Solutions](https://www.wellzesta.com/solutions) [Benefits](https://www.wellzesta.com/benefits) Resources ![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6527f83222cbee1b24466c7a_chevron-down.svg) [Articles A library worth reading](https://articles.wellzesta.com/) [White Papers Research-focused discoveries](https://www.wellzesta.com/resources/white-papers) [Case Studies Real-world client benefits](https://www.wellzesta.com/#cases) [Videos Watch our videos](https://www.wellzesta.com/resources/videos) [About us](https://www.wellzesta.com/about-us) [Contact](https://www.wellzesta.com/contact) [Book a Demo](https://www.wellzesta.com/#book-a-demo) ![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6527f83222cbee1b24466cad_menu-3-line.svg) [Home](https://www.wellzesta.com/) [Solutions](https://www.wellzesta.com/solutions) [Benefits](https://www.wellzesta.com/benefits) Resources ![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6527f83222cbee1b24466c7a_chevron-down.svg) [Articles A library worth reading](https://articles.wellzesta.com/) [White Papers Research-focused discoveries](https://www.wellzesta.com/resources/white-papers) [Case Studies Real-world client benefits](https://www.wellzesta.com/#cases) [Videos Watch our videos](https://www.wellzesta.com/resources/videos) [About us](https://www.wellzesta.com/about-us) [Contact](https://www.wellzesta.com/contact) # How To Practice and Prioritize Financial Wellness ##### Posted by [Annie Keough](https://articles.wellzesta.com/author/annie-keough) on November 15, 2021 ![](https://articles.wellzesta.com/hubfs/Untitled%20design%20(4)-3.png)   **What is Financial Wellness** Financial wellness, in general, refers to an individual’s **money-related well-being** and their **ability to effectively manage their finances**. Financial wellness means working toward a financial goal (retirement, kid’s college fund), being in control of day-to-day finances, and being able to make decisions that allow you to **enjoy your life.**  So, **why is it important?** Practicing financial wellness can lead to **better overall well-being**. Financial stress can cause both physical and mental health issues like depression, anxiety, sleep loss, migraines, high blood pressure, heart arrhythmia, [**and more**](https://www.purdue.edu/hr/CHL/healthyboiler/news/newsletter/2020-01/finances-health.php). Managing your money and having a solid financial foundation can help **ward off these issues**. **How to Practice** Starting with small, monthly changes is a great place to begin your financial wellness journey. Getting your money together before you take any big steps **can help lead you to your goal**. Try a few of these tips to get started: **Follow the 30-day rule.** If you see something pricey that you want, hold off on buying it right away. If you are still thinking about it after 30 days, then go ahead and purchase it. **Take notice of how you spend your money.** Familiarizing yourself with how your money goes in and out of your account can help identify where changes need to be made. Where are you spending your money? Where is it coming from? Knowing these components can give you a **better sense of your financial standing**. **Prioritize your goals.** Figure out which high-interest debts you may need to pay off first. Maybe you need to start on your emergency fund or savings for future plans. It’s important to figure out your high priority goals so you can move forward. **Create a monthly budget and stick to it.** Make a budget once you've figured out how you're spending your money and what goals you want to accomplish. This step is **highly personalized**, so find out what works for you. A popular rule of thumb that could help you get started is the **50/30/20** rule: 50% toward need, 30% toward want, and 20% toward savings.  **Save money where you can.** Saving small amounts of money every month may not feel like anything groundbreaking, but eventually, you will see the benefit. Learn how to **cancel subscriptions** on [iPhones](https://support.apple.com/en-us/HT202039) and [Androids](https://support.google.com/googleplay/answer/7018481?hl=en&co=GENIE.Platform%3DAndroid) that you may have forgotten you’re paying for. Save monthly housing costs by [**living more sustainably**](https://www.conserve-energy-future.com/ways-to-live-more-sustainably-and-reduce-expenses.php) and investing in long-term appliances. Check out [**this list**](https://www.nerdwallet.com/article/finance/free-cheap-things-to-do) of low-cost or free activities to do on weekends. **Set up an automatic transfer from checking to saving**. Start with **10%** (or whatever number you’re comfortable with) of every paycheck and move from there. **Join a financial wellness program.** Check to see if your employer offers a financial wellness program within your company. These programs can be a great way to get **help budgeting and reduce money-related stress**. Taking these steps can lead you to make more confident financial changes like investing your money, but you first need to **take small steps to obtain financial wellness**. **Wellzesta** Wellzesta’s commitment to the **eight dimensions of wellness** highlights **financial wellness** to users. With wellness articles and videos providing financial tips and advice, users can focus on their financial well-being. Click [**here**](https://www.wellzesta.com/) to learn more about Wellzesta or [**connect**](https://app.hubspot.com/meetings/jackson-frerichs) with a member of our Sales team. [Money](https://articles.wellzesta.com/topic/money) [Financial Wellness](https://articles.wellzesta.com/topic/financial-wellness) [Wellbeing](https://articles.wellzesta.com/topic/wellbeing) [senior wellness](https://articles.wellzesta.com/topic/senior-wellness) [health & wellness](https://articles.wellzesta.com/topic/health-wellness) [social connection](https://articles.wellzesta.com/topic/social-connection) --- Main pages [Home](https://www.wellzesta.com/) [Solutions](https://www.wellzesta.com/solutions) [Benefits](https://www.wellzesta.com/benefits) [About us](https://www.wellzesta.com/about-us) [Contact](https://www.wellzesta.com/contact) [Life](https://www.wellzesta.com/products/wellzesta-life) [Elevate](https://www.wellzesta.com/products/wellzesta-elevate) [Vis](https://www.wellzesta.com/#) [Connect](https://www.wellzesta.com/#) [Discover](https://www.wellzesta.com/#) [Thrive](https://www.wellzesta.com/#) Case Studies [Greenfield Community](https://www.wellzesta.com/cases/greenfield-community) [Enterprise Organizations](https://www.wellzesta.com/cases/enterprise-organizations) [Sigle-Site Community](https://www.wellzesta.com/cases/single-site-community) [Home Care Franchises](https://www.wellzesta.com/cases/home-care-franchises) Contact us [![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6527f83222cbee1b24466c11_mail.svg) info@wellzesta.com](mailto:templates@wavesdesign.io) ![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6527f83222cbee1b24466c02_message-circle.svg) @wellzesta ![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6527f83222cbee1b24466bfc_phone.svg) 864-214-6530 [![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/652ed4901978b1a2ac40ce28_LogoWellzesta.svg)](https://www.wellzesta.com/old-home) We transform legacy communication systems into innovative, highly-adopted engagement platforms that support resident well-being and staff efficiency. [![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6578c30da1267d7c18f4dd93_linkedin-review.svg)](https://www.linkedin.com/company/wellzesta/) [![](https://assets-global.website-files.com/6527f83222cbee1b24466b4d/6578c30d65f07e3392c9d87f_facebook-review.svg)](https://www.facebook.com/wellzesta/) Newsletter Stay up-to-date with our newsletter. No spam, just good stuff. Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Site created by Wellzesta (Copyright 2024) | Wellzesta is based in Charlotte, North Carolina and works with organizations across the United States. [Terms of Service](https://www.wellzesta.com/terms-of-service) | [Privacy Policy](https://www.wellzesta.com/privacy-policy) | [Cookie Policy](https://www.wellzesta.com/privacy-policy)