Quick Answer: What’S Another Word For Financially Stable?

What is another word for stable?

What is another word for stable?strongsturdysteadysteadfastfastfaithfultrustworthyconstanttrustyenduring141 more rows.

What is a stable or good time financially?

“Becoming financially stable means being completely debt-free, being able to pay your monthly living expenses with extra money left over. … As you can see, the answers are varied but a recurring theme in all of them is the idea of being able to cover the “basics” while having some extra money left over.

What are the benefits of being financially stable?

5 Hidden Benefits of Financial StabilityLess stress and better health. In a survey conducted by the American Psychological Association, 73% of people listed money as the number one factor affecting their stress level. … Better marriages. Money woes are hard on relationships. … More options in life. … The freedom to be generous. … More financially stable kids.

How can I be financially stable in 6 months?

If you follow these 10 steps though, you can reach your financial dreams.Make Your Finances Personal. … Understand That Your Most Important Investment is Yourself. … Earn Income by Doing Something You Enjoy. … Start a Budget. … Live Below Your Means. … Create an Emergency Fund. … Pay off Your Debt. … Invest for Retirement.More items…•

Why is it important to be financially literate?

Financial literacy is important because it equips us with the knowledge and skills we need to manage money effectively. Without it, our financial decisions and the actions we take—or don’t take—lack a solid foundation for success. … Nearly half of Americans don’t expect to have enough money to retire comfortably.

What is the opposite of the word stability?

To be unstable is to lack stability, meaning things could change without warning, like an unstable bookshelf that is likely to fall down. If you are unstable emotionally, you might be ecstatically happy one minute and horribly depressed and angry the next. The adjective unstable means the opposite of stable.

What are the benefits of financial education?

The research-backed benefits of financial education include having less debt, being able to manage household finances more skillfully, making well-informed investment decisions that will produce higher personal net worth, and a myriad of other habits that promote a happier life.

What is the antonym of stability?

Main entry: stability, stableness. Definition: the quality or attribute of being firm and steadfast. Antonyms: instability, unstableness. Definition: the quality or attribute of being unstable and irresolute.

What does it mean when a person is stable?

The definition of stable is something steady that is not prone to change, someone who is level headed and who isn’t subject to wild swings of emotion. … An example of stable is a person who has a good handle on her life and her emotions.

What does the word stable means?

Definition for stable (2 of 2) not likely to fall or give way, as a structure, support, foundation, etc.; firm; steady. able or likely to continue or last; firmly established; enduring or permanent: a stable government.

What animals are kept in a stable?

A stable is a building in which livestock, especially horses, are kept. It most commonly means a building that is divided into separate stalls for individual animals.

What is the opposite of financial stability?

What is the opposite of financially stable?financially irresponsiblefinancially unstableindebtedinsolventoverdrawnpoorimpoverishedpennilessneedyimpecunious39 more rows

Should you be financially stable before dating?

Never take any risks with your finances by putting all of it in someone else’s hands alone. If you’re already stable in your finances before you enter the relationship, your partner will be more understanding when you say you want to maintain your individual checking accounts when it’s time to have the “money talk”.

How do you become financially stable in a recession?

Here are seven tips to help make sure your finances are recession-proof, as recommended by experts.Pay down debt. … Boost emergency savings. … Identify ways to cut back. … Live within your means. … Focus on the long haul. … Identify your risk tolerance. … Continue your education and build up skills.

What is the stability?

1 : the quality, state, or degree of being stable: such as. a : the strength to stand or endure : firmness. b : the property of a body that causes it when disturbed from a condition of equilibrium or steady motion to develop forces or moments that restore the original condition.

What is the meaning of financially stable?

Financial stability can be defined as “a condition in which the financial system is not unstable”. It can also mean a condition in which the three components of the financial system — financial institutions, financial markets and financial infrastructure — are stable.

How can I be financially stable by 30?

10 Financial Commandments for Your 30sAdvance your career. In your twenties, you developed a marketable skill. … Rethink your budget. … Adjust your insurance coverage. … Pay off nonmortgage debt. … Increase your emergency fund balance. … Save at least 15% of your income for retirement. … Diversify and rebalance your investments. … Monitor and improve your credit.More items…