Yes, I believe there is, otherwise everybody would be living without financial stress and having no money problems at all.
But that’s not the case, so there must be a secret?
What is the secret to financial health?
Well, let me explain more what the term financial health means.
Having financial health is about having the money to enjoy things you love.
It means having money work to your advantage and not just to your bank or financial institutions benefit!
AND…… it certainly means not having any financial worries or stress relating to money.
What you were taught or brought up to believe about money, has shaped you today.
This means the difference between having awesome financial health where you’re able to pay your bills, have money in the bank and live without financial stress.
Or, living from pay check to pay check stressed out and worried that if something happens like loosing your income, you could be in some financial strife.
Here are seven ways to know if you are in good financial shape and have awesome financial health.
1 Firstly, you don’t spend every dollar you earn, but have money left at the end of pay day
2 Secondly, you have a savings account with money it and ready for “just in case” emergencies like loosing your job.
3 Thirdly you’re able to pay more than your minimum mortgage repayments and you are well on your well to paying this sucker down before the end of your loan term.
4 Fourthly, you are paying your bills on time and before the due date
5 Fifth, at the end of each month you have a zero balance on any credit cards
6 Sixth, have money regularly put into an investment portfolio, whether it be for shares, managed funds or for property investment for example, and
7 Lastly, annual holidays are saved up and paid in full before heading away.
Making sure you work towards good financial health will mean the difference between living a very comfortable and happy life during your retirement years OR relying on government support living in poverty.
So do you feel you have awesome Financial Health? No, then time to do something about it don’t you think?
What I offer is a full coaching service that’s super affordable while you get the support, knowledge and help you require to make better financial decisions.
If money stress is causing you problems then check out how you can work with me below.
Let’s talk about how stress maybe shortening your life.
And, how you can become better equipped to deal with stress related symptoms whenever you start to feel them come up.
Are you aware what stress is doing to your body?
You may think you do. But I’m here to share with you that some of the symptoms are not as obvious as you may think.
Here in Australia, The Australian Psychology Society produce a stress and wellbeing report.
The area that always catches my attention is how anxiety and depression levels have risen over the years.
The report also shows that financial issues continue to be the top stress over the last few years followed closely by the second top stress being family issues.
I’ve said this before that whenever there are financial issues and stress in a person’s life, their loved ones suffer immensely.
So what effect is this then having on our emotional side and physical body?
Well, stress affects a whole range of areas within our body when we feel pressured or overwhelmed.
If you take a look at this illustration you’ll see that it’s affecting many areas within your body, some are obvious while others may surprise you.
I want you to look at the left hand side of this diagram to see how first hand it’s affecting your emotions.
When your emotions are overloaded by stress, you become irritable, you may alienate yourself from others and your confidence drops.
When you’re under stress, your behaviour changes and you may become accident-prone, lose appetite, take up recreational drugs or alcohol, and/or start smoking.
And no surprise here that stress greatly affects your mind and mental well-being, where you may experience more anxiety, become negative or make impaired decisions and judgments where you otherwise wouldn’t have done.
The area that I see common with stressed out people is when they experience headaches, skin problems and become breathless.
But did you know that stress can have a detrimental affect on other areas within your body like, complaints either in the form of diarrhoea or heartburn.
In more severe cases, stress can also affect your heart. You may experience heart palpitations or even worse, a heart attack.
In some cases stress has know to be the start of more serious issues like cancer and diabetes.
So you can see it’s more important than ever to take care of yourself and look at what’s stressing you out.
For a lot of people money is the biggest stress as I’ve outlined early in findings by the Australian Psychology Well Being Survey.
While I don’t have a cure for how stress affects the body – I do have a solution that anyone can adopt where financial issues are part of their stress and that’s getting more information and knowledge about how money works.
Obtaining financial education to improve your money position is critical to living a healthy stress free life.
Getting the right financial education, support and coaching will alleviate financial stress if you are serious about improving the quality of your life.
What I offer is a full coaching service that’s affordable while you get the support, knowledge and help you require to make better and healthy financial decisions.
So if money stress is causing you problems then check out how you can work with me in the resources below.
