[Seminar – 2] Financial Wellness
【讲座 – 第2期】财务健康
Date：12/06/2020
Speaker：John Zhang
Organizer：Yuyan Zhou
Key takeaways：
- Financial wellness rest on 8 indicators: spend less than income/ pay bills on time/ have sufficient liquidity savings/ have sufficient long term savings/ have manageable debt/ have prime credit score/ have appropriate insurance/ plan ahead financially.
- Less than 1/3 of population is in financial wellness category.
- Money talk or financial education is not sufficient.
- Steps to establish: know your current status/ prepare for the worst/ break goals into small steps/ improve financial knowledge/ create long term goal. (example: small stocks vs treasuries)
- On factors we can control: spending/ saving/ borrowing/ planning.
