Tag: Wealth

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Any time you are setting goals to improve your health and wealth, there are five steps that are crucial to your success. People can and do have success without implementing these steps, but I have found that kind of success to be random and sporadic. If you want sustained success and a happier life you must take what has been sporadic and make it systematic.

1. Identify WHAT you want – start with the end in mind and have a very clear picture of what you want. For example, if you want $1 million in net worth that would be the end in mind.

2. Decide WHEN you want it – without a time frame there is no way to tell if you are on track. The time frame has to be realistic. If you want $ 1 million in net worth within one year’s time and you currently have a $50,000 net worth, that may not be realistic.

3. Determine HOW you will accomplish it – every plan needs a strategy and tactics for it’s accomplishment. You must be able to determine through manageable steps whether you are on track or not. If your goal of $ 1 million in net worth is a 10 year goal and in the first three years you increase your net worth to $150,000 is that enough. Based on the HOW is that enough to get you there.

4. Now ask the question, WHY do I want this? – Too often the WHY question is never answered. Without the why, your wealth goal may just be a dream.

5. Do it now! – I am sure you have heard that before, but it bears repeating. Any plan to increase your net worth or improve your health is worthless unless you take immediate action.

Now, once you completed these steps you can repeat them as necessary. Don’t forget to review your overall goal and the steps you have committed to regularly. Then you can monitor your progress and make adjustments to the plan as necessary.

To your health and wealth.

Gregg

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Source by Gregg Goodmanson

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If you’re fortunate enough to have employer-provided health insurance, that narrows your options down to the plans that your employer offers. If you don’t have coverage through your job, perhaps an organization or association that you belong to will allow you to buy health insurance through them at a group rate.

Another option is to check your local Obamacare health insurance marketplace to see if you qualify for an upfront premium credit, which would get you reduced premium costs. Even if you don’t qualify for the credit right away, buying your health insurance through the marketplace means you may qualify for it when you file your tax return for the year.

If you can’t, or won’t, get health insurance from any of these sources, you’ll have to fall back on buying a private plan. It will give you the widest range of options, but likely will be far more expensive.

Decide which type of policy to buy

Health insurance policies come in a variety of basic types, although you may not have access to all of these options through your preferred source. Health Maintenance Organizations (HMOs) are a very common type of health insurance policy. With an HMO, you’re required to use healthcare providers within the policy’s network, and you have to get a referral from your primary care physician in order to see a specialist.

Preferred Provider Organizations (PPOs) are also quite common. A PPO health insurance policy has a network, but you’re not limited to in-network care — although using network providers is cheaper — and you don’t need referrals to see specialists.

Exclusive Provider Organizations (EPOs) are a hybrid between HMOs and PPOs. You’re required to stick to the plan’s network, but don’t need referrals for specialists. Finally, Point of Service (POS) plans are a less common option that are essentially the opposite of an EPO. You’re not limited to the POS plan’s network, but do need a referral to see a specialist.

Of the four common types of plans, an HMO or EPO tends to be cheaper than a PPO or POS with the same level of coverage. However, if network coverage is poor in your area, or you’re uncomfortable limiting yourself to network providers, it may be worth paying a little more to get a PPO or POS policy.

More: Buyer beware: Long-term care costs are surging, survey says

More: Obamacare overhaul efforts are dead for now. What does that mean if you’re an Obamacare consumer?

More: Trump says he’ll negotiate with Democrats on health care plan

High deductible versus low deductible

All things being equal, the higher a plan’s deductible is, the lower the monthly premiums will be. A high deductible means that you’ll have to pay a lot of healthcare expenses yourself before the insurance policy kicks in, but if you have few or no medical expenses in a given year, these plans can be a bargain. Very low medical expenses means that you probably won’t surpass the deductible, even of a low-deductible plan, so getting a high-deductible plan keeps your insurance costs as low as possible while still protecting you in case something catastrophic happens.

If you decide to go the high-deductible route, getting a Health Savings Account (HSA)-enabled plan, and funding it with at least the equivalent of a year’s deductible, is your best option. An HSA plan neatly covers the biggest weakness of a high-deductible health insurance policy – namely, that you’d have to shell out a great deal of money on a major medical expense before the insurance would take over. If you have a full-year’s deductible tucked away in your HSA, you can just use that money to finance your share of the expenses, while simultaneously enjoying the triple tax advantage that an HSA offers.

More:Follow USA TODAY Money and Tech on Facebook

Comparing coverage

There are two major factors that affect how well a particular plan will cover your medical expenses: the plan’s network and its coverage policies. Even if you choose a plan with out-of-network options, like a PPO, you’re still better off using in-network health providers as much as possible because doing so will reduce your costs. And the rules that a given health …

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At one time or another, you are bound to find yourself in the midst of a Health, Wealth, or Romance (relationship) crisis – or a combination thereof – and left to wonder what if anything should or could you do.

So, what should or could you do?

The first thing that you need to do is realize and understand the relationship these three very important factors in your life have in common. Something many people take for granted, isolating one from the other; hence, the only outcome, more often than not, is an escalation of the problem.

The solution, in all reality, is relatively simple – You must see the three, Health, Wealth & Romance as the whole of A Better LifeStyle. To quote Frank Sinatra, "You can't (shouldn't) have one without the other". It's a cycle you should not even attempt to disturb, much less break.

The degree of harmony and balance you maintain with Health, Wealth & Romance will be a determining factor in your lifestyle. If you haven't done this already … It's Never Too Late!

Health – Accommodate a proper healthy diet and exercise routine (doesn't need to be every day nor strenuous).

Limit Fatty Foods

Keep a low in fat. Saturated fat such fried foods, chocolate, cakes, and biscuits should not be a part of your regular diet. Unlike unsaturated fats, this fat is easily deposited as fatty tissue and will convert into cholesterol, causing your blood cholesterol level to go up, often to unsafe measures.

Reduce "Empty Calories"

Empty Calories are all those things you consume which are high in energy. However good this may sound on the surface, this energy comes from things such as alcohol and sugary drinks and serves no benefit in the nourishment of your body – not to mention that this energy is also short-lived. Consumed in "moderation", these drinks may pause no real problem, however.

Eat Foods Rich in Calcium and Iron

Calcium – is essential for maintaining strong, healthy bones.
Iron – helps deliver oxygen throughout the body

The Breakfast Myth Unfolded

Simply put – Don't skimp on it. A hearty breakfast will provide you the energy needed to push forward through your day at the office (or wherever you may work).

A Few Tips For Healthy Breakfasts:

– Fresh fruit, whole grain (bread or cereal)
– Rolled oats made with quick oats
– Toast with a thin spread of margarine (polyunsaturated or monounsaturated).
– A small glass of orange juice
– Yogurt (preferably plain) with some fresh fruit topping

Never, ever underestimate the importance that a regular exercise routine, no matter how medium, is to maintain a healthy body and mind.

Wealth – Although most commonly defined in financial terms … It is better defined in terms of "the degree of happiness in your life (loved ones, friends, etc.). Nevertheless, financial" does "play a big role in accommodating for the other two aspects of Health and romance. That's why it's essential that you find the right system – one that is time-tested and meets your needs and expectations. Just be aware of the many ill-intended "gurus" offering their less-than -complete system; full of empty promises.

Romance – By far could be the most interesting, yet disappointing, and frustrating of the three. However, what you want to keep in mind, whether man or woman, is that the best practices to follow are faithfulness & truthfulness. This piece of fact comes to you from 40+ years of marriage (yep, to the same woman). with this one the cards may very well always be on the table, so walk lightly … and whatever you do – adhere to those two best practices.

A Better LifeStyle

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Source by Sammi C

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People have different preferences towards available life options. Same is true for the statement “health is wealth”. What exactly is it? A simple preference that signifies health is superior to wealth? Or a comprehensive statement that indicates health and wealth are linked with each other, systematically and dynamically?

Health is a comprehensive concept, it includes physical strength, mental power and spiritual-wellness of a person. On the other hand, wealth is the richness of a person i.e. abundance of money and worldly items. “Health is Wealth” is a simple statement but its meaning is so fabulous when deeply thought. People now a days refer the statement as when a person is healthy, he is capable of making wealth. On the contrary, if one is not healthy he/she cannot work productively, and hence won’t be able to generate income for independent living. This explanation is true but the deep meaning of this claim can be understood by the words of Virgil: “The greatest wealth is health.” Mr. Virgil is trying to enlighten the concept that the greatest wealth is health, not money or worldly items. There is nothing more valuable in our life than having a good health.

Patrick Meagher said: “Some people are so poor, all they have is money.” Nowadays people are influenced by wealth improperly that they don’t even care about their health, the greatest wealth. They don’t understand that without health there is no real happiness and enviable success. A person with poor health is unable to enjoy the pleasures of life. I think such people are foolish enough because they do not care about their health. Our first priority should be to maintain our health in the best way.

There are multiple methods and practices by which a person can stay healthy; Spending time in natural environment i.e. visiting parks and gardens. Physical exercise is also essential e.g. morning walks, playing sports, etc., it keeps a person smart and healthy. Water is the cure for all types of illness, so drink water to stay healthy and fit. Eating a balanced diet keeps people away from different illness and diseases. It is said that: “Early to bed and early to rise, makes a man healthy, wealthy and wise.” Abandon unhealthy practices and habits e.g. smoking, drinking and taking drugs because it harms internal parts of our body. Always be optimistic and cheerful because: “Laughter/smile is the best medicine.” On the contrary, an unhappy person is more prone to fatigue and other illness.

Remember, living a healthy life can be the greatest gift you can give yourself because one cannot enjoy life if he/she is unhealthy. In addition, we must not harm our health by running madly behind wealth. I would like to conclude my essay on the nice words of Mae West: “You only live once, but if you do it right, once is enough.”

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Source by Muhammad Ashhar

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I agree whole-heartedly with the saying “Health Is Wealth”. If a person is not healthy then he or she will find it very difficult or even impossible to enjoy life, even though he or she may be very rich.

If I am asked to choose one from two of the following things, which will I prefer: health without wealth, or, wealth without health? Without hesitation I will choose the former. There is no doubt.

Wealth is generally associated with how much money a person has, that is, how rich he is. An uncle of mine is very rich. He has just about everything anyone can hope for, and some things no one dares to hope for. That is how rich he is. He lives in a huge mansion guarded by huge dobermans and sophisticated burglar alarms. He has expensive cars, furniture, paintings and other rich man’s toys. Well, he has everything except good health.

Everywhere he goes he carries with him a bag of medicine. He has to take pills everyday for his weak heart, diabetes and hypertension. He is about sixty years old and has spent his life accumulating wealth. Without doubt he has succeeded in becoming very rich. However he has also succeeded in becoming very unhealthy too. He laments about his lack of health and says that how he wished that he was young and healthy again. Unfortunately, he cannot regain his health again.

This example of wealth without health is not what I want to follow. It is ridiculous to have so much material wealth but being unable to enjoy it. What is the use of money when one has to take so much medicine everyday just to stay alive? How can one enjoy life when one’s body is weakened by disease and pain? No wonder my uncle laments so.

Health without wealth is far better. That is what I have now. I do not have to worry even a bit about what I can eat or do. I eat and do what I like because my body is healthy. Of course I do not abuse it by taking drugs or overexerting myself. I take good care of my body. In that way I stay healthy.

With health I can go about my work with joy. If I become rich, then that is fine. Then again, I may lose my riches, but that is all right too. I can always do the things I enjoy whether I am rich or not. I can play games, swim in the sea, climb hills, eat delicious fruits and appreciate the things of this beautiful Earth. This is indeed wealth – to be healthy and joyous.

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Source by Ashley Wong

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