Tricks to living well while spending less
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Numerica knows that life is in constant motion, so we look for new and innovative solutions to reduce stress in order to live well. Your path to living well includes happiness and celebration. In addition to physical and mental well-being, financial peace of mind can also play a large role.
Live well and celebrate in 30 minutes or less
Exercise. Experts typically recommend being active for 30 minutes a day. If you found that your Hoopfest jump shot wasn’t quite up to par, continue that routine through the whole year. Imagine how much stronger your defense will be after a year of constant training.
Figure out your budget. This can feel like an overwhelming task. So plug at it a little each day. Create spending categories for your transactions in online banking. After all, how can you set a budget if you don’t know where your money is going? Numerica believes in the philosophy of, “Spend, Save, Share.” While everyone’s financial situation is different, this is an outline to where your money should be going. It shakes out to be spending about 70 percent of your income on needs, working towards saving 25 percent for both long-term and emergency savings and then giving 5 percent back to help support the community.
Find your Zen. Take the time to find ways to reduce your stress. Perhaps it is using something as easy as online bill pay so you don’t have to worry about those monthly bills or taking the time to write a list to organize your tasks at hand. Meditation, listening to music or talking to a friend are all free ways to help catch that calming breath in the ebbs and flows of life. It’s important to take the time to find your happy.
Plan for the future. Take steps today to plan for a better tomorrow. Especially when it comes to money, it can be overwhelming. So start small. Do you have a savings? Start there. How about an emergency savings? Okay. What about retirement? Use your 30 minutes to start a plan, review what you have, and explore your options.
Celebrate. Great day at work? Crank your favorite tunes and have a little dance party in the living room. Aced that test? A high-five for your efforts. Got a bonus or some money back on taxes? Take a portion and treat yourself. Life is all about finding balance. Taking the time to acknowledge and appreciate your achievements is an important element for long-term well-being.
See more great articles on living well at numericacu.com/news.