How to attain financial wellness

WHEN most people think about financial wellness, their minds often go straight to income—Do I earn enough? Am I saving enough?

But true financial wellness goes beyond just earnings. It encompasses a sense of security and control over your money, your ability to handle the unexpected, and how well you’re prepared for the future.

There are three key foundations that support this kind of stability—and the good news is that they are not complicated or out of reach.

The first is protecting your income. For many of us, the ability to work and earn is what keeps everything running—from putting food on the table to paying school fees.
But life is unpredictable. Illness, accidents, or unforeseen challenges can disrupt that flow. That’s why income protection is so essential. Life insurance plays a big role here.

It’s not only about preparing for the worst but also about giving your family financial breathing room to carry on in difficult times. It is one of the most thoughtful and responsible financial decisions you can make.

The second is spending wisely and managing debt. This is an area where many people struggle. It’s easy to overspend or borrow beyond your means, especially with the pressures of modern life. But creating a simple budget, tracking your expenses, and prioritising your needs can make a huge difference. Not all debt is bad, but it’s crucial to always have a plan for paying it down.

The third foundation is planning for the future. This can mean different things for different people—whether it’s retirement, children’s education, owning a home, or starting a small business.

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The good news is that you don’t need a lot of money to begin planning. Small, consistent actions like saving regularly or setting up a long-term insurance plan can move you closer to your goals.

The Jubilee Life Insurance believes everyone deserves the chance to live with confidence and peace of mind. Its role is to walk alongside the customers on that journey—offering the tools, products, and guidance they need to secure what matters most.

Remember, financial wellness isn’t about having everything figured out. It’s about taking the next right step. And when the right foundations are in place, that next step becomes much easier.

Hillary Godson is Chief Accountant at Jubilee Life Insurance Corporation of Tanzania Limited