In 2018 I want to take my wellness habits into my own hands and if you want to do the same, take part in a monthly wellness to-do.
This Month’s Wellness to-do: Focus on Financial Wellness by setting two Savings Goals: 1) A practical goal for your future, and 2) for something that brings you joy.
A study out of the Olin Business School at Washington University in St. Louis found that future-minded people who contributed to a 401(k) were more likely to take steps to improve their health (source). Financial concerns can manifest in your physical body in various ways from generalized anxiety to much more serious issues. This month, I want to start giving myself financial peace of mind by focusing on increasing my emergency fund and also planning to incrementally increase saving for travel which brings me a lot of joy. Join me this month on establishing some savings goals! Your source of joy savings goal may be to save for a designer handbag purchase or to save for a new piece of artwork. Your practical goals could be anything from saving for a house down payment to saving for longer term goals like building a college fund for your children or for a stress free retirement.