Financial wellbeing
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Diversity and inclusion.
Financial wellbeing is about individuals' sense of financial security, and feeling as though they have enough money to meet their personal and family needs.
It includes being in control of day-to-day personal finances and having the financial freedom to make choices.
Poor financial wellbeing can affect physical, mental and social wellbeing, which can result in poorer job performance, short-term decision-making, a reduced ability to concentrate, absenteeism and lower productivity.
Poor financial wellbeing can also be a consequence of poor psychological wellbeing, or other health problems.
