By Jacob Yount EP-C ACSM
When I think of financial wellness, my first thought is that everyone is unique in their financial situation. Some people have two or three jobs, and some people do not work at all and rely on a significant others income. Some people have kids or loved ones who are financially dependent on them, while others do not. Some have student loans, a mortgage, or credit card debt, and some do not.
When you think about financial wellness, I want you to think about YOUR situation. Just like fitness, your goals and your body are what matters. There is no need to compare yourself to anyone else because you are unique and so is your money situation. Below are a few tips to help get you on the right track!
Set a goal.
Speak it into existence. I want to become debt free. I want to save up for a house. I want to pay for my kid’s college education. Have a specific goal and GO FOR IT.
Talk to a financial advisor.
Most banks have someone you can talk to. They can help set up a budget and give you the right tools for success. Just like us fitness professionals, they are there to help!
No matter how prepared you might be, something can always come up (global pandemic cough, cough…). Saving money every paycheck can help ease the burden of unexpected costs.