Well Beings Care About
Financial Health
Aloha Hana
We, the well Beings, care about financial health because it significantly impacts our freedoms. Generally speaking, when we talk about financial health, we’re referring to your overall money situation, which includes your income, expenses, debts, and assets. Experts have identified four main pillars of financial health: spending, borrowing, saving, and planning. They suggest we monitor our spending habits and stick to a budget to maintain financial health. We should also avoid borrowing more than 15% of our income through credit cards or loans, excluding mortgage or transportation loans. In addition, saving 10% of our monthly earnings can prepare us for any unforeseen challenges. Also, creating a financial plan is highly recommended. This expert advice is undoubtedly helpful as you make your way toward financial stability.
Why Well Beings Care About Financial Health
Unquestionably, our financial health plays a significant role in our overall well-being. And it affects how we experience life. Financial health is more than just having money. It includes different aspects like your values and attitudes towards money. Negative perspectives about money can lead to stress and financial difficulties, impacting your physical and mental health and relationships. Limited finances can also restrict your freedom and ability to pursue your passions. Therefore, financial health is not just about income but also about how we view and value money, our efforts to obtain it, the sacrifices we make for it, and how it affects our overall well-being.
How Well Beings Care for Their Financial Health
We, the well Beings, do our best to avoid the temptations of consumerism. We focus on fulfilling our needs while controlling our wants. Additionally, we acknowledge the importance of hana (work) and the mana (powerful universal energy) we put into our efforts and contributions to the world. We choose to live in a state of momona, which means abundant fruitfulness, by valuing laulima (working together harmoniously), leʻaleʻa (happiness), and ʻoluʻolu (pleasure).
To achieve financial stability, well Beings turn to our ancestors, who taught us the importance of paʻahana (diligence), hoʻokipa (sharing), and ʻoihana (professionalism). Additionally, hana hoʻokō (commitment), kūpono (standing with firmness), ikaika (strength, determination), hoʻomanawanui (patience), imi naʻauao (correctness of knowledge), and waiwaikaulike (to strive for quality for all in everything done) are important values to cultivate for maintaining financial health. Therefore, well Beings revere and respect these principles in our pursuit of financial stability. And finally, we constantly evaluate ways to enhance our financial situation by implementing practical strategies such as setting goals, budgeting for food, and planning finances.