As we approach retirement, or once we finally retire, our attention often returns to physical or economic health for many of us – but have you realized that the two are linked? A focus on well-being, whether in the mental or physical sense and a desire to enhance financial/monetary management, comes out on pinnacle when it comes to making a trade of lifestyle. Most of us are likely to have a good sense of what it takes to enhance our physical health, and there are a whole range of methods different professionals recommend. For example, the idea of using a portable oxygen concentrator to maintain your oxygen levels while being active is catching on throughout the world. You can travel from Adelaide to Melbourne or to any faraway places with your portable oxygen concentrator and even practice your favorite sports as well.
We may additionally be tempted to try new things in retirement, compete in a sporting events, sign on with a new fitness center membership, commit to weekly exercise with friends (using portable oxygen concentrator), becoming better educated about our food decisions, or hire a new fitness coach. Concerning our financial health, having goals to strive for, and seeking professional advice is also vital – even in retirement!
Poor financial health can have a disastrous impact on our physical health. Money problems manifest themselves in physical symptoms, such as poor sleep, increased blood pressure, and heart diseases that are associated with stress and anxiety. Mental health problems, such as depression, can also occur when financial fears are present. This may affect not only our own health, but also other family members and may even flow into the workplace (assuming, of course, that we haven’t yet retired). In that case you must know how to improve mental health and must practice the experts’ suggestions. Our economic health affects every aspect of our life, including our attitudes, behaviors and emotional stability, all which can have an effect on our physical health. Our sense of worth is often associated with feeling financially safe and secure.
Saving more money and shedding additional pounds are two of the most common objectives individuals decide to accomplish each year. However, most of us believe that these two elements of our life are unrelated. And often, we are willing to sacrifice one at the cost of the other. There is a powerful correlation between your fitness and finance health. Accordingly, your bank balance may have an impression on your weight, and the other way around.
Research shows that economic health and physical well-being go hand in hand. So how can we get in top form when it comes to finances?
These following tips can help you put your finances and (and maybe the bulge) under control:
- Start monitoring: The first phase is carefully and regularly monitoring your health and finances. It will help you to screen your progress, reassess needs, and identify standards of conduct that are helpful or should be changed. Start maintaining a journal to monitor your health, just as you no doubt maintain a budget and track your spending. Consider using phone apps to help here!
- Recognize your triggers: if you feel bored, you may be tempted to binge-eat or going on a shopping spree. First, try to notice your triggers to overindulge. Next, work on exchanging your old habits with healthier decisions. For example, if you are stressed out, attempt controlled breathing or meditation instead of binging on junk food. Or at least mix in some healthy snacks such as fruit salads. Likewise, if you feel bored, consider learning a new skill, or nurture an existing a hobby instead of purchasing something you’re unlikely to utilize.
- Keeping fit can spark new ideas:
We’ve all been there during that 3 pm droop-when your eyelids drop, and you’ve read the same paragraph three times in a row. The best way to handle it. Go for a walk. Not only does exercise boost your energy levels, but it can also assist in activate problem-solving and trigger bursts in creative thinking and may even help stave off dementia. The American Psychological Association observed that when people sat down to a job afterwards, walking beforehand tended to improve their creativity by more than 80%. If you are still working, do you continue to hit a wall with a new idea in the business? Walk it out!
- Deal with your debt: Financial goals are similar to weight loss goals. If you’re on a diet and get rid of unhealthy habits, you’ll likely have to manage what you eat. To eliminate the practices that cost you the most money, you need to identify and discover techniques. Build a plan for debt management to decrease and eliminate high-interest debt and accelerate debt payments such as student loans.
- Practice moderation: Whether it’s shopping, food convenience, dog care, pet’s budgets, it may be difficult to cut out entirely. Cutting out things “cold turkey” may only make staying concentrated and motivated more difficult for you. Treat yourself occasionally without overindulging. For instance, each time you splurge, placed the same quantity of cash into your savings account to prevent overspending. Similarly, when you feel complete, choose more useful nutritional options and stop.
Begin rolling out these improvements today and watch your body get fitter and your credit record more grounded.