The Difference Between Financial Literacy & Financial Wellness (Ep. 37)

By The BamCam | March 11, 2025

What’s the difference between Financial Literacy and Financial Wellness?

Hosts Jack Burnette and Alison Castellano discuss how financial literacy is understanding budgets, interest rates, credit scores, and insurance, a key first step to being money smart, but is often not enough to achieve true financial security. Financial wellness, on the other hand, is about feeling confident and in control of your financial future, allowing for reduced stress even when unexpected challenges arise.

Discover more as this episode highlights:

Understanding Financial Literacy vs. Financial Wellness [00:01:00]
The importance of Emergency Funds [00:07:52]
The Role of Financial Advisors in Crafting a Financial Game Plan [00:12:36]
How Couples Can Work Together Towards Financial Wellness [00:09:25]
And more!