Over the course of my financial fitness advisory has been enjoyable yet challenging in servicing and creating the most attractive way for my clients to learn and apply the best way to enhance their capability for financial growth. The following are the 5 helpful tips to financial fitness.
- Understand where you are right now. Understanding your financial status is the very core of your success in finances. There can never be a more effective way to know where you are by acknowledging the true and honest reason for your financial status. If you are going negative on your monthly income and getting even higher credit card expenses than what is coming into your pocket then it’s time for you to do something about your spending habit.
- Analyze your need. Understanding is coupled with the analysis process. The analysis comes with the right people to talk to when it comes to your process. You know that a good fitness goes with the right people you do every crunch and lift. This goes the same with your finances. I know it’s hard to let people know how broke you are or how breaking your status be but it pays a healthy step back when somebody is guiding you the best way to go thru your finances. Get the best assistance by using the financial needs analysis from my financial advisor.
- Check the best tool. Nowadays, a lot of get-rich-quick tools that circulates on the web has been creating a lot of people dismayed on their finances. So, it is important to check the best tool that is available in the market. Check out the best product available under Sun Life of Canada Philippines. I bought my own product from them for five years now and they have not failed me since then.
- Subscribe to the best tool – understanding and knowing is one thing but doing something about it is another thing. Subscribing to the best tool will not just force you to act on the things that you need to do but also to enables you to see the benefits along the way. If you are single and keeping your finances stable to provide for your travel needs, you don’t have to sacrifice a lot. Setting aside a little of your money won’t hurt your pocket.
- Enrich your tool – I have been maintaining clients for quite some time and what hurts me so bad is when they unsubscribe to their plan for no apparent reason. Subscribing to a financial product is best used when you keep it and enrich it. Each of the product that is designed for your need applies to what situation you are currently in. For example, when you don’t have kids yet, is different from when you have one. Moving up your family to a bigger one increases your financial needs to provide for their educational fund which will require you a higher protection plan. Another is when you get to your retiring years will require your higher health coverage. Talk to your financial advisor on how you can enrich your financial tool.
Use this powerful step to enhance your financial quest to reach your financial freedom. There can never be a fine linen when you don’t try it. Get involved with people you know to follow these steps to gain encouragement. If you don’t find anyone in your group, please send me a message and I will be willing to guide you through in getting your finances to suit up and get ready for your future financial freedom.
*images used from unsplash.com
Excelent piece of advise Papa Jack. Financial fitness y key to financial freedom.
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Pretty much like being physically fit, achieving financial fitness is a process that requires your attention and complete focus. But what does it mean to be financially fit? It is the ability to cope with all your expenses and live your life the way you want, without any financial worries. For example, financial fitness will enable you to handle your loans, insurance policy premiums, monthly expenses and any unforeseen expenditure. It will also help you to create a plan that you can use to better deal with any financial need in the future.
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These are really great and beneficial points when it comes to Finance. It’s never too late to learn how to manage ones finances and know how to go about it.
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great and very informative post, sharing this with my co-workers. I totally agree with #2; analyzing your need. This has really helped me a lot in maintaining my finances
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I always want to be careful with my money! I make sure to save. I should talk with an advisor one day too.
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Being careful and meaningful with your money is key to being financially fit. Spending only what is needed, investing and saving.
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I think it’s very important be have financial freedom but that starts with understanding budgeting and learning about how best to juggle between financial products. The bank is nobody’s friend 🙂
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Some very sound advice for being financially fit. My husband would love this post as he is always looking for ways to be financially secure & progressive I shall pass it on to him.
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Your financial advise is worth a lot of thought. Its family orientation makes it easy to hold in the mind.
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I like the freedom that controlling my finances bring. I do have to worry about emergencies.
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These sound like some great ways to help great tips to help get on top of your finances, I think we all need to take some steps to become more financially sound at times.
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This is a great way to see it.
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I never thought of it that way. Very interesting and helpful to understands. Thanks!
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I love the Analyze your Need paragraph, I think is this paramount to have healthy finances and make plans for the future.
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These are all such great tips! It is so important to have a grasp of where one is with finances!
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This is wonderful advice! Just like it’s important to have a physically healthy life, a financially healthy life really does affect more than just the money in your pocket!
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I’ve been on a quest to get my finances right. I had a divorce 3 years ago and it’s still causing havoc for me, in terms of $$.
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Wow, what a great list of tips! I love how you stated “a lot of get-rich-quick tools that circulates on the web has been creating a lot of people dismayed on their finances.” It is so true!
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I had never heard of the term “financial fitness” before but it makes total sense! Great tips!
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That is great tips, Yes I agree with you that we need analyze the need is the most important thing.
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Thanks for these tips. I am trying to cut back my spending especially now that the holiday season is coming.
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I like the comparisons, they make so much sense! Thank you for sharing, these tips are great!
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Analysing your needs is so important because you need to know what you need to save or sort out your finances for. I’m saving to move and buy a house with my boyfriend so that’s a big thing for me x
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Great tips. I know that my family need a new house. Our old house is too far from our working and studying area. What I don’t understand is the term “financial tools”. I look forward to your article discuss about “financial tools”.
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The interesting part in all this “not just find the best tool but enrich it”. Resource if not developed is a waste!
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Great tips! As an accountant, most of my clients do not know their financial position right now let alone in the future. Guess that is why them come to me for extra help.
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These are great reasons for financial security. Understanding where you are and where you want to go is a must.
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It’s not just important to be fit in terms of health, but also wealth! Great advice.
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This is such a great post. I have been focused this year on financial freedom and have paid off everything except for my house as of today. It feels really good to be debt free!
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We just took on a huge car payment so this is a great post to consider afterward.
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We haven’t yet moved to a financial tool, but we haven’t been doing too bad, either. Some weeks may be a little tight, but we try to spend within our means.
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Great information and food for the thoughts. I need to create a plan and put in action some of this. Thanks!
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