Standard of living & Real Wellbeing
This covers more than just the roof over your head. It also refers to your sense of financial control, where you’re living, how comfortable you are in your environment, and which sorts of facilities and opportunities—like schools and transport—are available for you to make the most of.
Broadly speaking, your standard of living encompasses many different things including your ability to absorb financial shock all the way to which schools are available for your kids, or how easy it is to get to work. It’s hard to control many of these aspects, but one thing that we do have a sense of control over is our financial wellbeing. By taking steps to actively improve how we approach our finances, you’re well on your way to improving your overall wellbeing.
