What is Financial Wellness?
At Payoff, we have a holistic definition of Financial Wellness — combining not just your current financial picture but your financial stress and spending and saving habits too.
Representing mental and physical wellness — evaluated through a 6-question stress assessment measuring financial stress across mental, emotional and behavioral dimensions.
Representing financial management and planning — evaluated through a comprehensive financial assessment weaving together your monthly cash-flow (earnings and expenses), total debt and current savings to create a comprehensive financial picture.
Representing self-understanding — evaluated through a patent-pending personality quiz connecting personal psychology with financial habits and behaviors.