Top of main content

Habits For Financial Wellbeing

Have you ever felt overwhelmed by your financial situation? If so, you're not alone. Many people struggle to make their income cover their living expenses.

What is financial wellbeing?

Financial wellbeing is about feeling secure and in control of your day-to-day finances. It’s having enough money to pay your bills, with a plan to deal with unexpected costs. It’s about feeling confident that the plans you've made for your financial future are in line with the goals that you set.

Financial wellbeing is one piece in the overall spectrum of wellness. When one piece of the spectrum is jeopardized, you may feel it in other areas.

In fact, poor financial wellbeing can have negative effects for our mental and physical health and our relationships. On the other hand, people who enjoy good financial wellbeing tend to be happier, more confident and more productive at work.

Where to start

  1. Get talking
    Many people find it very difficult to talk candidly and openly about money with their family or friends. Money and finances are a common source of stress. Talking about money with a trusted friend, or family member or financial advisor is good for you, and may help you to manage your stress. Most importantly it will help get you on track to plan your financial future more effectively.
  2. Make a plan
    Getting your finances in shape, or at least having a plan in place, can lift a weight off your shoulders.

Financial wellbeing

Find out how to get to grips with your monthly costs and see where you’re spending your money to help you stay out of debt and save with the help of HSBC Canada.
Find out how to take control of your spending by splitting your expenses between needs and wants, building your savings or reducing existing debt with the help of HSBC Canada.
Read HSBC Canada's top tips on how you can reduce your expenses and make your money go further to help you achieve a healthier financial future.