7/17/2012 9:45:00 AM by JoJo's Massage Therapy
Manage Your Money For Better Health, JoJo's Latest Blog Posted On 2012-07-17 06:41:53
Times are tough. Though some may say that the recession is starting to fade and the economy is making a comeback, most households will not feel the effects of this recovery for quite a while. According to WebMD, “Money is a leading source of stress for Americans, according to a 2007 survey by the American Psychological Association. In the survey, 73% of the respondents cited money as a significant source of stress in their lives.” Though financial stress is certainly not news to many in this economy, many equate good money management to finances alone. The fact of the matter is, however, that stress can put you at risk for more illness—leading to even more financial hardship! Effective money management, then, is vital for both your financial and physical well being.Taking ControlMoney management not only allows you to more efficiently control your finances, but also gives you control of them. Stress much of the time pops up in times where we are lacking control of the things going on in our lives. Though we can’t control the economy, we can control how we utilize our own resources—and this alone can provide an emotional benefit that may lessen stress. The trick is, however, to learn how to do this properly.Getting an Accurate PictureWhat does your financial situation look like? Odds are, if you aren’t tracking your spending you probably don’t know. Many of us go through life spending as we see necessary rather than doing the appropriate planning that will help us to save and organize our finances in a way that is best for the long-term. Take the time to track where your money is going. There are a variety of software programs that will allow you to do this, or you could keep track on paper. Microsoft Excel is a great tool for tracking spending.Plan, and then Plan MoreFinances are about money coming in, money going out, and the choices we make about both. Once you have an accurate picture of how your dollars are moving, you can figure out how to alter these numbers to your advantage. Once you have your spending for a month, look at where spending was excessive or unnecessary. Ask yourself for each purchase if there was a way to spend less—perhaps by purchasing online, shopping at a different grocery store, or using a coupon. Understand that instant gratification may seem like a great short-term stress fix, but in the long-term you’ll end up with more than you bargained for. Make sure to prioritize. Having debt is a huge burden and a bigger stressor, and it’s likely that having less debt will be more important to you than buying another DVD (particularly if you can rent them for free at the library). Having a weekend vacation, however, may be incredibly important for your emotional health and therefore quite necessary. Just make sure to plan things in a way that will get you the biggest bang for your buck.There are obviously a wide range of financial tips and advice available out there that could reduce your financial stress and consequently increase your physical wellness. Try joining an online community such as Saving Advice for additional support and tips. Utilizing these free resources will allow you to sleep better, allot more money toward your biggest stressors, and overall be a healthier person.
Keywords: massage therapists woodstock asian chinese