Financial Health
Financial Stress & Trauma: Unaddressed financial obligations can lead to headaches, stomach problems, anxiety, depression, sleep disturbances, fatigue, anger, fear, tension, poor self-esteem & relationship issues and can negatively impact pre-existing diagnoses. Seek social, medical & financial support to learn the skills needed to prioritize & improve your expenses, income and overall health.
Money SSS: Money is good for Saving, Spending & Sharing. Start saving a minimum set amount from your income source. Whether it’s cents or dollars, the regular practice of saving will help to grow a financial future. Then, calculate your spending and compare essential and non-essential expenses. Lastly, share a defined amount with a charity, family member or friend. Frequent practice of Saving, Spending & Sharing will help you to understand & improve your financial health.
Get A Grip: Organize & review your finances on a regular basis. Know how much you spend on essential and non-essential items. Know how much you you earn & save. Work to decrease debt for all non-incoming producing assets. And keep on learning how to improve your financial health.
Money Buckets: Determine how much money is needed for essential expenses, retirement, education, rainy day, travel & investments. Then, allocate money buckets for your needs. These buckets will change over your lifetime; so, make sure to visit them on a regular basis.
Retirement: If you are planning to retire, then you need a plan to retire. When working, that plan needs to include how you are saving & investing and in retirement, your plan needs to include how you will be spending & investing. If you feel nervous about your retirement plans, dive deeper into understanding your finances so that you make logical & well-informed decisions.
Make A Deal: Make a deal with yourself to get smarter about your money. Take on the challenge to learn more about, saving, investing, budget, taxes, expenses & income. Start small and build healthy financial habits. Let your current financial situation be the basis for taking actionable steps to build your financial skills & health.