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Your Health is Your First Investment  The Money Habits Keeping You Broke and How to Fix Them Understanding Your RSA: What Every PAL Pensions Customer Needs to Know

Health is Wealth, is a phrase that gets thrown about randomly to ensure that an individual stays in shape. Unlike the expression “eat an apple a day, keeps the doctor away” which focuses solely on nutrition, Health is Wealth aims for something different, to change our view of our body and see it as an asset that grants financial security. 

When we have conversations about investments, we are often drawn to monetary gains, and we focus on things like stocks, savings and pension. But unsurprisingly, your health is one of the biggest and most valuable assets you can ever invest in. This can have an effect in your overall workflow and directly benefit your financial future, especially in retirement. If your health fails, everything else becomes harder.  

Investing in health saves your money long-term. It’s like the cliched expression “eat an apple a day, keep the doctor away”. Doing small healthy things like managing your stress by implementing a work-life balance, exercising, decluttering your mind, eating a nutritious meal might seem minute now but when they all add up, they can help you avoid costly medical bills in the future. 

How To Take A Small Healthy Step Today For Better Financial Security Tomorrow 

  • Stay active: Movement is one of the essential components of staying healthy. Aim for at least 30 minutes of movement daily. Walk, or do some yoga. Stretch after long hours of sitting on a desk or in one position for too long. Do something you enjoy with lots of movement involved, like hiking, or cycling, or taking long walks. 
  • Eat Healthy: Choose nutritious, whole foods over processed options. Start a meal plan if the thought of cooking is daunting. Look up new recipes online. Cooking home-made meals is not only vital for your health but it is also a great way to spend time with yourself. 
  • Get enough Sleep: A well-rested body performs better, both physically and mentally. Set a sleep routine. Develop a resistance to doom scrolling before bedtime. Meditate or write in a journal about how your day went, this would help you sleep better without having thoughts about the day clouding your mind. Prioritize an alarm and cut out long naps from your day that would affect your night’s rest. 
  • Manage stress: Practice mindfulness. Take breaks when needed. One of the best ways of managing stress is by taking time off when burnout comes, you can also practice stress management by using effective productivity tools like a pomodoro timer. 
  • Get regular check-ups: Prevention is better than cure. It is also cheaper and easier than treatment. Don’t see the doctor only when you are unwell. Develop a habit of checking in with the doctor to see what your body is lacking, what illness you are prone to, or if there needs to be a change in your lifestyle. 

At PAL Pensions, we believe that a secure future starts with a healthy present. Your pension plan is designed to support you financially in your latter years, but it works best when paired with a lifestyle that supports your well-being. So, as you plan for your future, always remember that your health isn’t as separate from your wealth as you think. It is the very foundation of it.  

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