Want to feel better about your finances? Move to India. Apparently consumers there were left relatively unscathed by the recession, according to a new white paper from MetLife and the Boston College Center for Work & Family.
India appears to be a perfect blend of what researchers call “financial wellness,” a multi-faceted concept that describes the overall financial health of an individual. Five factors go into financial wellness: personal characteristics, financial literacy, financial behavior, financial situation and financial stressors.