Make Getting into Financial Shape Your New Year's Resolution

By Olivia Maragna

 

One of the most popular New Year's resolutions is to get into shape with an exercise program.  So, why not also apply this to your financial health?  We found these six steps to be motivational toward getting your financial fitness looking better than ever in 2014.  Click here to read the full blog posted on brisbanetimes.com.au

1.  Follow a program - Set yourself a budget and stick to it.

2.  Trimming down - Minimize your debts.

3.  Bulking up - Contribute into retirement funds.

4.  Cross training - Invest in multiple types of retirement accounts.

5.  Injury prevention - Adequately insure yourself.

6.  Endurance training - Prepare your estate to ensure your loved ones are taken care of in the future.

You can't afford to skip exercise

We caught this great blog post on Boomer-Living about fitness, and wanted to share it with you. (You can follow Boomer-Living on Twitter @BoomerLivingNow - and of course we're at @family_finances.)

The basic premise is that sometimes folks cut luxuries when times are tight, as they are right now for a lot of people. But exercise is something you really can't afford to cut - and if you aren't in shape, consider starting an exercise routine.

First of all, fitness doesn't have to cost - walking is free, and great exercise for those who may not have had a previous fitness routine. The options that writer Angelena Craig outlines are low cost, and also good choices for seniors, or anyone, really. You can check out a 75-minute segmented video by Angelena outlining yoga using a chair for free right here: http://www.thenewagingmovement.com/

The truth is, if you neglect your health through a lack of exercise, you'll likely spend a lot more later repairing the damage you've done in earlier years. This is preventive - and something you can't afford not to do.

Read on for the whole post.

http://www.boomer-living.com/2010/08/you-cant-afford-not-to/