So, you’re on a diet? Your new year resolution is to lose a few kilos. Mine too! I’d like to lose the 5kgs that Covid helped me put on. That’s quite easy isn’t it? Well, in a sense it is. All you have to do is reduce the number of calories going in to your body and increase the amount of exercise so that output is greater than input. Correct? Problem is, as I’ve got older, I like food and wine more than I like exercise!! Still, it is still a goal of mine to make a few lifestyle changes to improve my health and wellbeing as I age. Having parents in their late 80s and early 90s both with Alzheimers and Dementia has made me acutely aware of my future mental state. I have learned that eating a good Mediterranean diet can improve mental sharpness and can reduce so many illnesses that it makes perfect sense.
But what about our financial health? If we can improve our physical health following some easy steps then we can sure make the same improvements in our financial health. It’s as simple as ……. You got it …….1, 2, 3.
So when we are managing our physical health, as I mention above, we reduce the number of calories we eat. When we are managing our financial health, we need to reduce our outgoings and increase our incomings, increase our savings and decrease our debt. Makes perfect sense doesn’t it? It’s as simple as …….
Let’s have a look at my top 10 ways of improving your financial health.
Let’s make 2022 the year we care about our financial health. There’s no better time to start then now.