Financial health, referred to in this publication as financial well-being, is increasingly recognized as an important policy objective and outcome for consumers. This policy note, developed for the G20 Global Partnership on Financial Inclusion (GPFI), presents a conceptual framework and working definition of financial well-being, as well as a preliminary roadmap for measuring it. A common understanding of financial well-being is crucial for both public and private sectors to advance dialogue, policies, and investments that serve to deepen financial health and positively impact the lives of consumers.
The policy note was developed jointly by Brazil’s 2024 G20 Presidency and the OECD, with contributions from the Consultative Group to Assist the Poor (CGAP) and the Office of the United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA).