For many, the start of a new year includes reflecting on the past and a renewed hope for the future. We are thankful for the joys and lessons of the past 365 days and look forward with new hope for a bright future. We make plans and design pathways to achieve our goals. Common New Year goals, sometimes called resolutions, include losing weight, saving more money, exercising more, creating a better work/life balance, and engaging in more self-care.
Lying beneath most of the common goals is a financial consideration that must be factored into the equation. For example, to achieve weight loss goals is it necessary to join a gym and eat healthier food? And what will it cost to create a better work/life balance? Work less, earn less income, and vacation more often? How is it possible to reach these goals if the projected income may not be increasing? All of these options will have financial consequences.
The cost of healthy eating varies from state to state, and providing a healthy diet for one’s family can cause great concern for many. However, it is important to remember that long-term unhealthy eating may lead to health conditions that lead to loss of work and increased medical care expenses. So, too, could excess work and too much stress. Managing your wealth includes managing your health.
As you prepare for the year ahead, remember that planning will be key to help you achieve your goals and maintain your financial stability. Instead of going to the gym during the spring and summer months, consider outdoor exercise to save some funds. Shop wisely, and begin to shop with coupons for added savings.
Wishing you all a Healthy & Happy New Year!
