10.03.03 What is Financial Discipline

What is Financial Discipline

Financial discipline refers the practice of setting rules for budgeting, saving and spending. It encompasses a person’s ability to manage money with wisdom, integrity and self-control; including the capacity to plan consistently, responsibly thoughtfully and deliberately in order to meet and address future obligations. Financial readiness is one of the crucial foundations on which a strong and stable relationship is built, enabling couples to navigate life’s challenges with confidence and security.