Cancer Preventing Healthy Habits

Cancer Preventing Healthy HabitsHealthy habits are not only important for your mind and body in general, but they can also help prevent cancer. A healthy lifestyle has been correlated with a lower risk of developing certain cancers. The importance of living healthy every day could be the difference between life and death, literally. Here are a few healthy habits that are the best to prevent cancer: Continue reading “Cancer Preventing Healthy Habits”

Quick Habit Tip: STAIR CLIMBING

Stair ClimbingThere are some simple things you can do each day to add more physical activity. Stair climbing is an easy addition that really doesn’t require adding any extra time.  Just walking on a flat surface burns about 4.5 calories per minute, for an average 150 pound person going about 4 miles per hour. However, stair climbing burns generally 8 to 12 calories per minute.

Next time you can take the stairs instead of an elevator or escalator. Try it!  Are there too many flights of stairs? Try going up as many as you can, then take the elevator the rest of the way.

Stair climbing is a really simple way to improve your physical activity each day.

It Starts With Inspiration

It Starts With InspirationIt’s Summer 2016 and time for the Olympics. For me, watching the Olympics and the athletes that compete is so inspiring. I love watching the most amazing athletes compete with such enthusiasm and joy. Although I enjoy a good, hard, sweaty workout, I don’t do it to compete with others, rather I do it to constantly maintain and sometimes improve my own physical abilities. My motivation comes intrinsically, and maintaining my physical fitness helps prove to myself, especially as I get older, that I can still run, stretch, and lift weights better than other people my age.

If you read, watch, and listen to some of the interviews with the athletes competing in the Olympics answer the question “what’s your inspiration” you often hear that it is the other competitors, past and present, that truly inspire them. When we watch others doing the things that they love to do, it inspires each of us to do that in our own lives.

It doesn’t matter whether what you love to do is physical or not, we should all take a lesson from the Olympians and be inspired to go after what you want and do what makes you happy. Inspiration is one of the key ingredients in maintaining healthy habits, along with motivation and discipline. Inspiration helps us form goals, motivation gets you started, and discipline keeps them going.

Today: Get Inspired! Tomorrow: Get Motivated!

Move forward every day by maintaining the discipline to reach your goals.

“The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be the best at doing it.” ~Debbi Fields

Time for a Mid Year Financial Check Up

Mid Year Financial Check UpWe are getting ready to do our mid-year performance reviews at work, and I realized it’s probably a good time to review my financial progress so far this year. It’s a great idea to at least do an annual review, but a mid-year review helps you align your financial plan to ensure you stay on track, especially if you are looking to become financially independent and retire early.

These are the steps I took to reviewing my financial progress, and I suggest using them to take a look at where you are this year. A mid-year review can help you create new financial habits before the end of the year to finish the year strong, and ensure you are readily prepared financially for any future events.

Step 1. Review your goals

You should be setting financial goals at the beginning of the year, and mid-year is a perfect time to check your progress. For example, if your goal was to add $5,000 to your emergency fund this year, you should already have saved at least $2,500. If not, set some monthly milestones to catch up. When you have a goal, your best bet to achieving it is to track it. You can use pen and paper, but there are lots of online tools available to you too.

“Discipline is the bridge between goals and accomplishment.” ~Jim Rohn

Step 2. Analyze Your Spending

At the beginning of the year, a lot of us make financial resolutions and start watching what we spend money on. After a month or two, we often stop tracking and start going back into old habits – buying coffee and lunch every day, giving in to impulse purchases, not planning your grocery shopping.

If you find you are going back to old habits and don’t know how much you are really spending, start tracking your expenses for the next 30 days. Track every penny by category to identify where your money leaks are. After you see how much you are spending in a certain area, it helps stop your overspending and gets your savings back on track.

Step 3. Evaluate your investments

You should be able to easily go online and download you recent bank, investment and retirement account statements. What is the mix of cash, stocks, and bonds? The right mix depends on your risk tolerance (mine is pretty low), your age, and investment goals. How are those investments performing? If your investments look like they need a re-charge, there are plenty of ways to re-allocate and invest. Mutual funds and ETF’s are the best options as they tend to follow the market, and are lower in cost.

Also, if you work for a company with a 401(k) plan, make sure you are enrolled and take a look at how much you are contributing. Are you contributing enough to get the full company match? If not, bump up your contribution; after all, that’s free money. If you are struggling to understand your options talk to someone in your Human Resources department as they are generally very willing to help. If you don’t have a company 401(k) plan, you can contribute to a traditional IRA. There are some tax rules that may limit contributions, so it would be beneficial to read up on them before you contribute. (You could also make this one of your financial goals and set milestones to start a retirement account soon.)

Step 4. Check Your State and Federal Tax Withholding

If you’ve had any major life changes – marriage, divorce, children, job change – your tax withholding might be inaccurate. This can cause you to pay too much or too little in tax resulting an unexpected result during tax preparation time next year. Additionally, also take a look at your prior year tax returns to understand why you over or under paid. If you are paying too much, you are basically giving the government an interest-free loan, but if you are paying too little, you could be hit with a tax penalty. Yikes!

Step 5. Pull Your Credit Report

Go to AnnualCreditReport.com to get a free copy of your credit report. Review your credit history to see if there are any changes or anything you don’t recognize. Also, check for errors and dispute them with the credit reporting agency if needed. This is also a great resource to understand all the debt you have outstanding and make a plan (if you don’t have one already) for paying down your debt, especially any past-due accounts.

Step 6. Update your budget

Goals and budgets are often created at the beginning of the year when you set your goals, and mid-year is a great time make adjustments. You may realize you are routinely spending more in one category than another, so it makes sense to realistically adjust your budget. You can compare the spending you tracked above to what you thought you’d spend and adjust as needed. For example, I thought I would spend $100 a month on household stuff (toilet paper, cleaning supplies, personal toiletries), when I actually only spend about $25 a month on average. I can adjust my budget and use that money to cushion my savings instead.

Once you’ve taken a look at your expenses, income, investments and debt, you will have a great idea if you can achieve your goals by the end of the year. If your goals don’t look achievable by year-end, don’t fret, just re-calibrate your budget. Life sometimes interrupts your goal progress, but never let it stop you. Take some time today to do a mid-year financial check up. #createnewhabits #lessworry #nostress

“A budget is telling your money where to go instead of wondering where it went.” ~Dave Ramsey

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