قالب وردپرس درنا توس
Home / Fitness and Health / The financial workout that will help you make money in the new year

The financial workout that will help you make money in the new year



Like most Americans, you've probably found yourself near the end of your list of new year's resolutions with the words "Get Fit" and "Save Money." These two goals are different but by no means independent. A recent Goldman Sachs survey found that 88 percent of Americans believe that their financial well-being has an impact on their overall health, and studies have links between financial burden and increased risk for cardiovascular mortality – and everything from migraines to Insomnia – shown.

It seems obvious that financial security not only prevents sudden money problems, but also long-term physical problems.

This may help explain why many Americans prefer to focus on funding rather than fitness year. Fifty-five percent told Marcus that they would hire a financial adviser with a personal trainer if they cost the same. Seventy-eight percent would rather lose debt than lose weight. And 68 percent said they would rather restrict their spending than their food.

78 percent of Americans would rather lose debt than lose weight.

With so many consumers connecting health and finance, Marcus decided to work out a workout for their money. "We asked ourselves: How can we use our insights on financial management and financial well-being to give people the right start to 201

9 with concrete tips?" Explains Elisabeth Kozack, Vice President of Product Strategy & Customer Experience Marcus. The result is a free online tool for determining the best "workouts" based on your "financial fitness personality".

Personalities are neither age nor income. For example, the youngest college graduates may easily be fitness professionals, while a 35-year-old professional skips his proverbial courses in financial gymnastics. As with physical fitness, we swing the scales back and forth, and life-changing events such as children can interfere with both signs of "fit." Wherever you are right now, how you find yourself at that moment is how you get in shape again.

  The goal of the businessman is to lift a huge dumbbell "title =" The goal of the businessman is to lift a huge dumbbell "class =" Lazyimage Lazyoad "data-src =" https: //hips.hearstapps .com /hmg-prod.s3.amazonaws.com/images/the-goal-of-the-businessman-is-to-lift-a-royalty-free-illustration-1054615152-1547052888.jpg?crop=1xw:1xh ; center, top & resize = 480: * "/> </picture></div>
</p></div>
<p>
			<span class= Getty Images sesame

The Workout Walker

You're stuck in. You have financial goals that you want to (and can) achieve, But you're in trouble You just need a basic workout to improve on. The Best Workout: Track Your Shopping Habits and Maximize Your Savings. "So many people still have money on savings accounts that are low on return," says Kozack Transfer your money to a free savings account and increase the volume of deposits you make from month to month t Allowing You to Avoid Charges and Increase Your Savings According to surveys, 56 percent of Americans have opened their savings account without even exploring other account options.

56 percent of Americans opened their savings account without even exploring other account options.

Then comes true discipline. This means you save the sales or holiday bonus you just received. And if you think over the subscriptions, you pay mindlessly every month. When you download a personal finance management app, such as Clarity Money, you can track expenses and overcome the next major hurdles: building a substantial emergency savings fund, opening a Roth IRA, and contributing to your company's retirement (or sign-up). You are on the way.

  Businessman holding a bomb with Bitcoin currency symbol (cryptocurrency bubble) "title =" Businessman holding a bomb with Bitcoin currency symbol (Cryptocurrency bubble) "class =" Lazyimage Lazyoad "data-src =" https: // hips .hearstapps.com / hmg-prod.s3.amazonaws.com / images / businessman-holding-a-bomb-with-bitcoin-royalty-free-illustration-903996674-1547053747.jpg? crop = 1xw: 1xh; center, top & resize = 480: * "/> </picture></div>
</p></div>
<p>
			<span class= Getty Images alashi

The Class Canceler

You need help to stay motivated, save, but then save too much need a plan for the long haul. These last hurdles for the hiker must be your starting point. "" Many consumers do not even have $ 400 available should an emergency cost arise, "notes Kozack. Thought and shoot for $ 1,000 and save on your online expenses Removing all automatically saved credit cards from your browser and your favorite sites can help you think about buying when you need to grab your piece of plastic Want a bigger spend challenge? 1: 1 with entertainment and savings. You want to match every dollar you spend on entertainment with a savings deposit You want to buy the $ 500 TV First put $ 500 into your savings Can not keep up Do not spend it.

  Weightlifting businessman, strong thin man raises a heavy weight "title =" Weightlifting businessman, strong skinny man raises a heavy G "class =" lazyimage lazyload "data-src =" https: // hips .hearstapps.com/hmg-prod.s3.amazonaws.com/images/weightlifting-businessman-strong-thin-man-royalty-illustration-511858028 -1547053037.jpg? crop = 1xw: 1xh; center, top & size = 480: * "/> </picture></div>
</p></div>
<p>
			<span class= Getty Images alashi

The Gym Council

If you have a routine, you will get the 401 (k) contributions from your company Recurring contributions to your own savings and investment accounts Financial fitness is upon us Keep going Ignore that boost at work, Kozack suggests, "Just because you make more money does not mean you have to spend it Interest and put it on a CD or a high-interest savings account. "If you maintain your lifestyle even with increased returns, you will quickly get to fitness It also means ensuring that the lifestyle of others does not affect your lifestyle." Social Media FOMO can change the spending habits add, "adds Kozack," Try to stay away from Instagram if you feel like a spendthrift. "

You can also start saving money in various ways investing in different stocks to help diversify your portfolio, and thus limit risk. Also check the interest rates of your credit cards as some may change over time. If you miss a payment and have a balance with you, look at a card with a zero interest balance. It's like a knee brace to stabilize the next lift.

  Weightlifting, strong businessman (elite) raising heavy weight with one hand [19659054] </picture></div>
</p></div>
<p>
			<span class= Getty Images alashi

The cross trainer

They express their financial fitness They want a challenge , Now enter the next level. Increase your contribution to your HSA. "There are several reasons for this," says Kozack. "Your money can sit there year after year, you pay it in dollars before taxes, and you're not taxed on withdrawals as long as you spend the money on the IRS's qualified medical expenses. "Further healing If you pay back your money, look again at the CDs without penalty. Keep an eye on interest rates and do not be shy about changing banks if you find a better deal.

With increased vigilance and savings fund contributions, you are on your way to a healthy retirement – both financially and physically.


    Source link