Be Legendary
Eat a balanced diet: Incorporate a variety of fruits, vegetables, whole grains, lean proteins, and healthy fats into your meals. Avoid excessive sugar, salt, and processed foods. Stay hydrated: Drink plenty of water throughout the day to keep your body hydrated, which supports healthy digestion, metabolism, and overall functioning. Exercise regularly: Aim for at least … Continue reading Top 10 Health Tips
Impulse spending is something many of do for various reasons. Here are some reasons Emotions: Most times impulse spending are done when people are experiencing strong emotions, such as happiness, sadness, boredom, or anxiety. These emotions, especially the negative ones, can trigger a desire to feel better, and shopping can provide a temporary distraction or … Continue reading Impulse Spending – Why We Do It and Its Dangers.
One of the most important tasks that you must do at any age, but especially if you are approaching retirement, is to evaluate your expenses. Here are some ways you can do it effectively: Track your expenses: What you cannot measure, you cannot control. The first step to evaluating your expenses is to track them. … Continue reading Retirement Series – Evaluate Your Expenses
There are several reasons why people struggle with decision making: Lack of information: Decision making requires accurate and relevant information. The lack of necessary information to make informed decisions is the biggest source of indecision. Cognitive biases: Cognitive biases can impact decision making by causing people to make choices based on preconceived notions or flawed … Continue reading Decision Making – Why Most Suck At It.
As we age, here are some of the changes we can expect. Loss of muscle mass and strength Decreased bone density Decline in cardiovascular function Reduced flexibility and mobility Changes in vision and hearing Slower metabolism Increased risk of chronic conditions such as arthritis, diabetes, and high blood pressure. It's important to note that not … Continue reading Retirement Series – How Our Body Changes as We Age.
There is always an element of risk, but investing is good for several reasons: Possibility for better returns: Compared to merely saving money in a bank account, investing has the potential to produce larger returns. While investment returns are not guaranteed, traditionally the stock market has offered greater long-term returns than savings accounts. Investment can … Continue reading Why You Must Invest and Why Some People Don’t.
Making the transition from employment to self-employment requires careful planning and preparation. Here are some steps that can help make the transition smoother: Develop a business plan: Create a business plan that outlines your goals, target market, products or services, marketing strategies, and financial projections. Save money: Save enough money to cover your personal and … Continue reading Self Employment – Making The Transition
Some of the better mindsets to have when it comes to money include: Being mindful and intentional with spending: This means being aware of where your money is going and making conscious decisions about how to use it. It also means avoiding impulse buying and overspending. Setting financial goals: Having specific goals in mind, such … Continue reading Having the Right Mindset About Money.
Instant Gratification Instant gratification, or the urge to meet one's needs or wants right away, can be detrimental to one's finances because it can result in impulsive purchases and overspending. When people give in to desires to purchase items they don't need or can't afford, it can result in debt and other money issues. Studies … Continue reading Retirement Series – Meet Enemy No 2
Not saving enough for emergencies or retirement. Living beyond their means and accumulating too much debt. Not having a budget or financial plan. Not investing for the long-term. Chasing high-risk investments without fully understanding the potential consequences. Not diversifying their portfolio. Not protecting their assets with insurance. Not regularly reviewing and adjusting their financial plan. … Continue reading The Ten Mistakes Most People Make When It Comes to Managing Their Finances.
