Tuesday, February 16, 2010

What is financial health?

Financial health is a description of the state of a person or company's finances.

Someone with good financial health usually deals well with their finances, makes their payments on time, and knows how to manage their money.

Someone in poor financial health usually owes a lot of money and isn't making their payments on time.

Info Source: http://www.investorwords.com/6812/financial_health.html

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