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Financial Resilience
Personal
WHAT IS IT?
Financial resilience is your ability to cope with unexpected financial pressure and recover from it.
IN PLAIN ENGLISH
It is about how much room you have when something changes.
SIMPLE EXAMPLE
Having some savings, manageable commitments and a gap between income and regular costs can all contribute to financial resilience.
WHY DOES IT MATTER
Life rarely follows a perfect financial plan. Resilience is about being able to absorb some of the bumps.
THE ROCKET TEST
Financial resilience is how well your finances can cope when life changes.
SEE IT IN ACTION
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