Column: North Dakota state treasurer offers tips for Financial Literacy Month
April is celebrated by many financial planners as Financial Literacy Month. While Americans are looking at their tax situation and reflecting on the last year, this becomes a perfect time to review your financial wellness.
Written By:
Thomas Beadle | ×
This guest column is by Thomas Beadle, North Dakota s state treasurer.
Spring is a perfect time to check in. Coming out of winter, we hope that your mood and mental wellness are on the upswing. Hopefully your New Year s exercise resolution has your physical wellness improving. I hope you take this time to also be checking in on your financial wellness.
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According to PwC’s annual Employee Financial Wellness Survey, financial or money challenges accounts for 54% of the stress their employees face every day. Financial troubles are one of the top issues for people across North Dakota and throughout America, and the stress can lead to anxiety issues, depression, and can strain relationships. If you’re one of the many who deal with financial stress, know that you are not alone.
Take advantage of spring being a time of renewal and rebirth and do some spring cleaning on your finances. Start by assessing your finances, checking your credit score and recognizing your strengths and weaknesses. Do you have any savings in case of emergencies? Are you spending too much on eating out? Have you already made some small changes like cutting back on your daily $6 gourmet beverage? Be honest with yourself.
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