Financial wellbeing – can we spot the signs of money worries? - Money Matters

This article is 4 years old. Click here to view the latest articles for this topic.

What does it mean to be ‘financially well’? Is it having a large bank balance and not getting into debt? Or is it not about how much money you have but rather how comfortable you feel? The answer is not straightforward and, to a large extent, will depend on who you ask. But research in this field has huge potential and poses new challenges for firms and regulators.

A feeling of financial wellbeing – feeling comfortable or free from worry – is obviously a...