The 3 steps to achieving financial wellbeing

This guest blog was written by Chris Budd, who wrote the original Financial Wellbeing Book as well as The Four Cornerstones of Financial Wellbeing. He founded the Institute for Financial Wellbeing and has written more than 100 episodes of the Financial Wellbeing Podcast.

This is an extract from Chris Budd’s book The Four Cornerstones of Financial Wellbeing.

I would suggest that there are three steps to creating a financial wellbeing plan.

Firstly, we need to start with step two.

Starting at the beginning is not always the right answer. By focusing on the beginning, there is the danger that we are unable to clearly see the destination. Unable to see the point, we don’t bother to start at all. Let’s, therefore, start by looking at step two.

Step 2: Understand that happiness comes from within

If we obtain our joy, our self-worth, from external sources – perhaps fame, possessions, or status – then we find ourselves on a treadmill of try