(Jessica) Welcome to Money Matters on the Southern Bank Financial Wellness Network. I'm Jessica.
(John) And I'm John!
(Jessica) Today, we're talking about financial wellness, which is a whole-picture view of an individual's financial health. So John, what does it mean to be financially well, and how do we get there?
(John) Well, Jessica, basically financial wellness means that you are in control of your money rather than your money being in control of you. It means you match your spending to your priorities and your goals while spending less than you earn.
(Jessica) So, you start by setting goals and priorities, and then you tell your money where to go. And the umbrella?
(John) Well, it's important to have a rainy day fund like a savings account or an emergency fund for when those rainy days come.
(Jessica) You mean, like, right now?
(John) Yes. Like right now.
(Jessica) We'll be back with more tips to help you manage your money. We'll see you next time on Money Matters, and remember, Financial Wellness starts here.