Nowadays, we are seeing a greater emphasis on regular exercises and fitness, with gyms and studios readily available everywhere. Being fit makes us to feel good emotionally and physically, plus we get healthier and more energetic!
Just like how physical fitness is a key component of overall health, Financial Fitness plays a vital key role in our financial health and well-being. When we are financially fit, we will feel less stressful over our finances, and have more confidence in our future.
So what is Financial Fitness?Financial Fitness consists of 3 Key Metrics – Cash Flow, Net Worth and Risk Management.
These 3 metrics are akin to common physical fitness metrics of Cardiovascular Health, Muscular Strength and Flexibility.
*Icons are taken from Flaticon.comThis post will focus on the first metric of Financial Fitness – Cash Flow. Stay tuned for the other 2 metrics in my upcoming posts!
#1 Cash...