How's your financial health?
We all know the importance of eating right and exercising to stay in the best possible physical condition, but when was the last time you thought about your financial health? When anticipating your future, do you say one thing, yet do another?
Money Maladies is a series of studies about financial behaviors (and misbehaviors) and the reasons behind them. Each study examines a nationwide cross section of adults who are the primary financial decision makers within their households. The results paint a picture of Americans' preparedness for reaching financial goals, funding a college education, planning a secure retirement and avoiding financial setbacks.
Money Maladies: The Term/Perm Dilemma, reveals why people choose term or permanent life insurance and how these choices affect their financial security and long-term planning.
Another recent study, Money Maladies: Financial Misbehaviors explains how people commonly fall prey to psychologically driven impulses that affect their financial decisions.
While there's no "magic pill" to eliminate unhealthy financial habits, there are remedies you can use to strengthen your long-term financial health. Take our Financial Checkup, an interactive financial awareness quiz, as the first step on your road to long-term financial security.
For more information about the Money Maladies and Money Maladies Term/Perm Studies, please contact: mediarelations@northwesternmutual.com