Improving Physical and Financial Health Simultaneously is written by guest author Elena and she shares tips on being your best.
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Improving Physical and Financial Health Simultaneously
In recent years, you may have noticed yourself growing increasingly concerned about your financial health. This anxiety is common, as studies show working-class Americans have less than $30,000 in savings on average. Luckily there are a variety of ways to improve your financial wellness while also benefiting your physical health.
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Saving Money by Living Healthier
There are a multitude of ways in which healthy life choices can result in more money for you in the long run. Healthy lifestyles, especially those involving regular exercise, regular doctor’s visits, and living tobacco and alcohol-free, typically result in lower rates of health and life insurance. Some employers even have wellness rewards programs in which activities as simple as walking on hiking trails or visiting the doctor regularly can net you cash bonuses or additional vacation days. If your job does any sort of charity run, such as a 5k or marathon, this could be your opportunity to push yourself.
Improving Your Diet
You can also save quite a bit by meal planning and cooking at home, rather than ordering deliveries and eating out at restaurants. Fruits that are in season and can be sourced locally are usually more affordable than produce that needs to be shipped in. If you have the space, energy, and time, you may even consider growing your own garden. Fresh vegetables that you’ve grown yourself are not only incredibly inexpensive, but you can be certain they’re free of additives and pesticides.
Exercising your self-control by practicing intermittent fasting will help you lose weight and feel energized. The savings from those skipped meals can be set aside or used for other expenses. You’ll be more in control of the nutrition you’re receiving and paying a fraction of the cost in exchange for a little additional effort.
Getting Outdoors More Often
On nicer days, spend your free time taking in nature and getting light exercise. Having your lights and climate control turned off while you’re out will decrease your utility bills and increase your savings. You may even consider canceling a few streaming services if you’re expecting to be away from home more often. Walking or riding a bike over short distances not only provides you with necessary exercise, but you’ll save on fuel costs as well. If feasible, getting rid of your car entirely will eliminate gas expenses, insurance premiums, DMV fees, and lease or loan payments.
Monetizing Your Healthy Lifestyle
Trying to lead a healthy life, you’ll be unable to avoid learning quite a bit about what works and what doesn’t. Consider taking that newfound expertise and turning it into a profitable business or side hustle. Personal trainers, nutrition coaches, cooking bloggers, and many more professions have proven how successful you can be simply by sharing your experience with the world.
If you do intend to form a business to monetize your health and savings journey, it may be best that you form a limited liability company. LLCs protect you personally from financial and legal trouble that the company itself may get into. You and your business are considered separate entities in many circumstances under an LLC. If you’re going to start an LLC, a formation service can help you complete the process.
It can be tricky to know where to start when working on one’s financial and physical health. Tackling both simultaneously can complete both tasks in ways that complement one another. By finding affordable ways to live healthier, you can improve your financial and physical health. You may even come up with a profitable business idea!
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Such an informative article Elena, healthy living encompasses so many activities. Do you think more people are turning to Entrepreneurial endeavors because you can be easily laid off from your career job?