The everyday choices you make can help you live a healthier, happier, and more fulfilling life - both at work and at home. This month’s wellbeing resource is about helping you improve your financial health.
Your financial health is your savings, retirement, and spending. Decisions you make every day have an effect on your immediate and future financial health. Here are some helpful tips to think about.
Did you know that your physical and financial health is interconnected? Money worries can cause stress, anxiety and depression. Take a look at your financial situation. If you’re not where you need to be, make a plan to improve it. This helpful newsletter from HUB offers some great tips including online tools and smartphone apps.
Getting sick can also have major financial ramifications. Maintain your physical health to maintain your financial health. Regular check-ups, eating healthy and routine exercise can help you stay financially and physically fit. In some cases, you can even save money by visiting urgent care instead of the ER for off hour, non-critical health issues (but always err on the side of caution and got to the ER if you’re not sure.)
A penny saved is a penny earned! Check out these great examples about how cutting back a little every day can help build a strong financial future. Next time you’re about to splurge, take a minute to think about how even a couple of dollars each day can affect your financial future. You can also read this tip sheet for more ideas.
*Calculations based on 8% industry standard over a 35 year time period.
**Calculations based on 8% industry standard over a 35 year time period. Ticket prices based on 2 people.
***Calculations based on 8% industry standard over a 35 year time period. Fueleconomy.gov reports that “each 5 mph you drive over 60 mph is like paying an additional $0.20 per gallon for gas.” That’s not to mention the cost of a speeding ticket.