“Regardless of the economic climate, money and finances have remained the top stressor”[i] for Americans according to the American Psychological Association. In fact, more than 6 out of 10 people report feeling stressed out about money in the past month![ii]
This emotional stress takes its toll on your health and happiness. Regrettably, 1 in 5 adults can attest to the fact that they tend to make poorer choices… because of their affordability… instead of healthy choices.[iii] Such choices can be as simple as choosing fast food over nutritious food, TV and social media versus reading a book, or choosing the lower cost of being physically inactive instead of experiencing the cost of being more physically active (shoes, special clothing, equipment, etc.)
Zig Ziglar, long ago, related that we pay the cost for poor health but enjoy the price for good health; we pay the cost for bad choices but enjoy the price of good choices.
It basically comes down to emotions. Do you have them, or do they have you?
If we allow our emotions to prevent us from creating equity for ourselves, produce economic value, or diminish the service we provide to others, then emotions have us and they have become a huge liability to our wealth, health and happiness. If on the other hand, our emotions encourage us to create greater equity, produce more economic value and increase our services to others, then we have our emotions and they are an asset to our wealth, health and happiness. You see, wealth, health and happiness have “more to do with emotions than they have to do with economics[iv] and so expressively it pays to have your emotions instead of them having you. Statistically, owning your emotions instead of them owning you can, according to one study, reduce the risks of “Heart disease (including high blood pressure,) GI problems, weight gain and loss, eating disorders, diabetes, insomnia, psoriasis, cancer, substance abuse and other diseases.”[v]
The Perpetual Wealth Code™ is a proven way to increase your savings without emotionally stressing your budget. It has been used to reduce debt more effectively than either the Snowball Debt Reduction Method or the Avalanche Debt Reduction Method, and it remains the preferred way to avoid unnecessary taxation while earning a guaranteed compound annual growth rate on your savings. For those who want to go beyond debt elimination and create more economic value and equity, the Perpetual Wealth Code™ is the ideal way to dodge the management fees and penalties associated with traditional investing and direct the cost of those fees and penalties back to yourself. That, in itself, is an emotional plus for anybody.
Yes, emotions do affect your wealth, health and happiness but the good news is you can determine what your emotions are by being proactive. Being proactive and spending time with someone who can guide you and your emotions instead of allowing your emotions to control you can increase your wealth, health and happiness. All it takes is time, knowledge and a healthy disgust of what your wealth, health and happiness are today. The rest is easy. You don’t have to remain in the 6 out of 10 Americans that stress out about money and finances, call us today 702-660-7000. We can help.
[iv] Don’t Count On It, John Bogle, 2011