Financial Sustainability

Financial sustainability refers to the ability of an organization, individual, or community to manage its financial resources effectively over the long term. It means living within one's means while generating enough income to cover expenses and maintain essential services. This involves strategic planning, making wise investments, and minimizing debt. The goal is to ensure that there are sufficient resources available for future needs without compromising the ability to meet current obligations. Essentially, it’s about creating a stable financial future while supporting ongoing activities and growth.