How Do You Know If You’re Financially Healthy?

There is good debt and bad debt, and there are high credit scores and low ones. And then there are positive net worths and negative ones. Those are just some of the many ways that people gauge their finances.

With so many money metrics, how do you actually measure your financial health?

Of course, personal finance is deeply personal. It’s in the name, after all. There’s no single definitive way to measure the financial health of every individual. But, some general signs can help you determine how financially healthy you are.

Signs You’re Financially Healthy

The idea of financial health might mean different things to different people.

While there’s definitely no one set number, be it income or net worth, financially healthy people are generally people with a solid grasp on their current finances and their money plans for a stable financial future.

Here are some of the ways to tell you’re financially healthy:

You Check In With Your Money

There is no one right way to do this. You might use a tool like Personal Capital, or you might use a spreadsheet you created. Heck, some of us balanced a checkbook with a paper register until just a few years ago.