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Financial wellbeing – The daily blog of behavioral and cognitive economics

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Financial wellbeing – The daily blog of behavioral and cognitive economics

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The Wealth of Wellbeing: A Behavioural Science Perspective

When we think about wellbeing, we often think about our health, including our mental state. Research has found that good financial health has a huge influence on improving overall wellbeing, while poor financial health is linked to stress, depression and lack of productivity. People in receipt of financial education often report feeling more confident, more in control of personal finances and exhibit better financial behaviours. It is also important to note the added positive impact good finances have on the wider community and generations to come. ….[READ]

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