Food and money are two things many Americans struggle to get under control. Fortunately, according to Forbes, studies indicate financial health and physical fitness are complimentary–making progress in one area can help you with the other.
“It’s no surprise that getting your finances in order can relieve stress, but our research shows that it can also positively affect physical fitness,” said Ryan Bailey, Head of Retail Deposit Products, TD Bank. He added, “it’s important for Americans to know that working on your wallet can also benefit your waistline. You don’t have to choose one or the other.”
Getting your finances AND your body in shape follow the same 5 steps towards success:
- Set realistic goals (and write them down). Use the SMART method (Specific, Measurable, Assignable, Realistic, Time-related) for both your weight loss and savings goals.
- Track your consumption. Whether you use apps or write it on paper, keep track of what you eat and what you spend.
- Make gradual changes. Crash diets rarely work long-term, either in losing weight or fixing your finances. Small changes work best, such as cutting down on your cable bill or eating out less.
- Have a support system. Being accountable to someone else or having them cheerlead you on to success helps you stick with your plan.
- Avoid your impulses. That candy bar that is on sale in the checkout lane doesn’t help your waist or your pocketbook. Don’t buy it! Some indulgences are okay once in awhile. That is what a “blow” category is for in your spending plan, or a once in awhile indulgence of sweets in your diet.
So, get in shape! Your pocketbook and your waist will both thank you.
For the full article, click on this: 5 Simple Tricks Can Get Your Finances In Shape And Help You Lose Weight