What does FLB mean in FINANCE

Financial Life Balance (FLB) is a term used to describe the process of developing financial literacy and making sound decisions to improve your overall wellbeing.

To achieve FLB, it requires an understanding of where you are financially and consciously working towards goals that will lead to a healthier financial future. You must also be mindful of your spending habits and strive to have balance in both your financial and emotional life.

A basic understanding of money management skills such as budgeting, saving, investing, and debt management are essential for achieving FLB. Additionally, having a clear understanding of credit scores and how they impact one's ability to secure loans or access other forms of credit will help you reach FLB goals faster.

There are many resources available online dedicated to helping people who want to learn more about managing their finances. These resources provide information on budgeting tools, credit scores, tax deductions, retirement planning, investment options and other topics related to achieving better financial health. Additionally, there are many websites that offer tips on finding practical strategies for improving one's overall wellbeing by incorporating conscious practices such as mindfulness into everyday life.

You will benefit from FLB by being able to make more informed decisions when it comes to managing finances in order to achieve greater security in the future. Additionally, becoming more conscious about one's relationship with money can lead to improved mental wellbeing by reducing money-related stress which can allow an individual more time for self-care or pursuing interests outside of work or finance-related tasks.