See the below image for the A financial well being structure diagram. Why financial well-being? At the CFPB, we work to help consumers like you take control of your financial life to reach your own life goals, achieve financial peace of mind, and avoid pitfalls that can derail you. The ultimate goal of our work is to help you improve your financial well-being.
The financial structure refers to sources of capital and its proportion of financing coming from short term liabilities, short term debt, long term debt as well as from equity to fund the long term as well as short term working capital requirements of the company.
But many do not have the knowledge, skills or confidence to handle money matters or any unexpected changes to their financial situations. This may lead to financial stress and can affect their overall mental and physical well-being. Financial stress is closely connected to physical and mental well-being.