Financial wellness can be defined as?

Financial wellness encompasses a holistic view of an individual's relationship with their finances, which includes both current satisfaction and future financial security. This perspective emphasizes the importance of feeling secure, stable, and confident in one’s financial life, rather than simply measuring it by wealth accumulation or disposable income.

A defining characteristic of financial wellness is the balance between managing present needs and planning for future goals, allowing individuals to feel in control of their financial situations. It involves aspects like budgeting, saving, responsible spending, and making informed decisions about one's financial future. By focusing on satisfaction with both current and upcoming financial situations, individuals can achieve a state of financial stability that is both fulfilling and sustainable.

The other options tend to narrow the definition of financial wellness to specific aspects, such as wealth accumulation or simply having disposable income, which do not encapsulate the broader, more holistic understanding of financial wellness as a state of overall contentment and security regarding finances.