4 Tips to Eliminate Stress-Related Debt

Debt-stress-File-6021396-300x205When one is heavily in debt or have over-extended oneself, this can certainly cause a large amount of stress and affect every area of your life. Debt can be accumulated through credit cards, student loans, business loans, car loans, mortgages first or second, or small to large ticket items and at times this can be simply what some call everyday living. Clearly a lot can happen over the years and debt can build up. It can become very frustrating and create pressure on personal relationships, career, family, health and can lead to illness.

Here are 4 tips that may help provide you with some relief of the debt-related stress:

1. Focus on the big picture – you can become overwhelmed and frustrated while paying off debt which causes you to lose focus of the big picture. Remember your debt is only temporary if you stay focused. Allow yourself to focus on your emergency funds and retirement, imagine the extra money you will have once your debt is gone – in other words don’t lose the focus on the big picture.

2. Remember the why – the why is the big reason for striving to be debt free. Everyone has personal goals, focus on what those goals are and remember the why.

3. Make room for rewards – you cannot stop living just because you have debt. Celebrate those big wins with small rewards, set up a system based on your goals and then treat yourself when you accomplish them, so if you have a goal for paying off $1,000 in debt in 6 months and you pay it off in 3 give yourself an extra treat. Just make sure your goals are realistic.

4. Pay off debt like it’s a game – if you think of it as a game (and maybe include some of your like-minded friends and family) you can see who reaches the finish line first. Getting out of debt is more about your attitude than your finances, be a debt-fighting warrior and you will win the game.

When you start to utilize these tips you will feel a little less stressed and less frustrated, and perhaps a little more excited when you see the light at the end of the tunnel.

Want to read all of the blogs from this past week? You can read them all in full here.

Do you need some stress relief, debt counseling, or a better financial plan? If so contact me today and let me help.

Mavis Kelley, CHHC, AADP is a Certified Integrative Health and Wellness Life Coach specializing in nutrition, health, well-being, fitness and lifestyle design. For more information or to schedule a breakthrough session, please contact her at: Mavis@nspirehealthyliving.net or visit her website at: http://NspireHealthyLiving.com.

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It’s Health Coach Week! January 12-18th

keep-calm-and-seek-a-health-coachIt’s the 1st annual Health Coach week and everyone is talking about it, from the President to apps on smartphones. We are becoming a health conscious country. Integrative Nutrition started back in 1992 with a vision of people training in holistic health and coaching and how it could improve the lives of families, communities, and the world. This week shows that it has made a difference.

The jobs in wellness are growing as more doctors, chiropractors and fitness centers realize that they need health coaches in their practices, not to mention the individuals that are finding the help from health coaches exceptional. Even a member of Congress has written a letter commending the work done by health coaches like me! You can read it here. What a great way to celebrate the health and wellness coaches who are working so hard to help people find a healthy lifestyle which will help to fight chronic diseases.

I am inviting those who are seeking help with health concerns or those that wish to become a health and wellness coach to reach out to me today and let’s get started!

Mavis Kelley, CHHC, AADP is a Certified Integrative Health and Wellness Life Coach specializing in nutrition, health, well-being, fitness and lifestyle design. For more information or to schedule a breakthrough session, please contact her at: Mavis@nspirehealthyliving.net or visit her website at: http://NspireHealthyLiving.com.keep-calm-and-seek-a-health-coach

7 Ways to Secure Your Finances

spend lessHow much do you spend out of your paycheck? How much do you save out of your paycheck? Doesn’t it seem like it should be an easy task? Of course, what we don’t realize is that there will be a day when something goes wrong and we will have to use that entire savings to fix a car, repair the roof, or in some instances live on while looking for a new job. If it was easy to be successful with money everyone would be debt free. Now is the time to start not only saving but becoming more financially stable and successful.

Here are 7 ways that will help you create a more financial stability for the long haul:

1. Set goals – Create realistic, positive and actionable goals that will help to provide a purpose, focus or a direction towards what you want or desire. Don’t concentrate on the negative. Monitor your progress and reward yourself for your accomplishments.

2. Live frugally – Live within your means and find happiness doing it. People who spend lavishly trying to look wealthy may not be financially stable. If you want to have financial success you need to be able to live well with less.

3. Align priorities with spending – Focus on your own personal journey by avoiding the influence of others and how they spend their money. Create a budget that will help you to align your spending with your priorities – cut back if necessary on those things that are not needed at that time.

4. Keep a budget and track spending – If you ignore your budget and don’t track spending you could end up further in debt very soon. You need to know how much is being spent and what it is being spent on – it also helps to know how much is coming in each month so that you understand how much of it is going back out.

5. Continue education and increase financial literacy – remember that there is always more to learn about finances. Those who succeed with what they earn, save and invest understand that they need to continue their financial education and work to increase their financial literacy.

6. Earn more – If you want to save more, you have to do two things: earn more and spend less. Don’t hesitate to ask for a raise or start a business to earn more money. It will help to fast track your financial goals and accomplishments.

7. Take initiative – take action and play an active role in your accomplishments don’t sit back and wait for good things to come your way. Learn to capitalize on good opportunities that come your way and don’t be afraid to create your own when that well runs dry.

Practicing all of these will help to create better financial habits in the future.

Do you need help with saving more and spending less in order to build something wonderful in the future? If so, contact me today!

Read all of my posts in full here for more information pertaining to nutrition, health, well-being, fitness, and lifestyle design.

Mavis Kelley, CHHC, AADP is a Certified Integrative Health and Wellness Life Coach specializing in nutrition, health, well-being, fitness and lifestyle design. For more information or to schedule a breakthrough session, please contact her at: Mavis@nspirehealthyliving.net or visit her website at: http://NspireHealthyLiving.com.

Do You Share These 5 Excuses for Not Saving Money?

saveAs women we should have a better handle on money management habits but instead we have a better handle on the excuses that we use. It is time to eliminate the excuses and recreate new patterns that are life changing.

Here are 5 excuses and some suggestions on how to break them to start your financial stability for the upcoming year:

1. I don’t understand finance – if you really don’t understand finance then take some initiative and learn. It is almost 2015 and women are no longer in the dark ages; we are out in the forefront and on the front lines, so don’t be afraid to ask for help and to ask questions.

2. I don’t have enough money – this may be an actual fact of your life, you may not make “enough” money to save but only you have the power to change your situation. Figure out how by; negotiating for a raise, find a better position, work more hours, or establish a business on the side doing something you love.

3. I have to pay off my debt first – yes you need to pay off your debt but don’t let that be the only financial priority that gets your attention. If you are 30 and under now is the time to start saving. You can repay your debt but put at least 10% aside for your savings too. It’s okay to work towards more than one financial goal at a time.

4. I can always save later – This is a misconception because that is not always true you may not get a chance to save later. If you start early enough you can make smaller monthly contributions towards your nest egg than playing catch up. Let compound interest do the heavy lifting for you.

5. I don’t have enough to save and buy what I want – Prioritize your spending, the biggest spending you do should be the money you put in your savings; pay yourself first and then use what’s left over to purchase what you want. Saving for your future is the biggest need you will ever have and should be your first priority.

Want to learn more about becoming financially stable? If so contact me today.

Read our other blogs in full here.

Mavis Kelley, CHHC, AADP is a Certified Integrative Health and Wellness Life Coach specializing in nutrition, health, well-being, fitness and lifestyle design. For more information or to schedule a breakthrough session, please contact her at: Mavis@nspirehealthyliving.net or visit her website at: http://NspireHealthyLiving.com.

Would You Like A New Finance Lifestyle Design? Part 2

Pink piggy bank with a dollar bill in the slotEvery woman manages their own finances, usually, and pays the bills but do you work off of a budget? How much of your monthly income are you paying out? Is there a way that you can make reductions in your budget? These are some of the questions that you might be asking yourself every month. There are 10 things that you might be able to change in your budget while also making some small changes in your lifestyle.

Here is the second 5 ways to help change your finance lifestyle design:

1. Clothing – Yes you need clothes but create a strategy for what you need. Make a list, shop from your list and buy only what you can afford to buy. The worst thing to do is to make impulse buys.

2. Transportation – You need to be able to get places, transportation can take up to 50% of a budget. Pay attention to where you can save. Find a car that you will keep for at least 2 years longer than you normally would, check out the gas mileage that it gets, negotiate for better air fare if you fly, or ride a bike for short driving distances.

3. Household and babysitting help – Here is the tough one. For household expenses try to buy the cheaper brands (usually generic), go to discount stores and find bargains. If you have a good babysitter don’t decrease their pay, it is important to take care of those that help to take care of you.

4. Credit – Here is where you can save money. Get 2 month’s worth of credit card bills and total up the interest you paid, if you pay off the credit cards you save that much every month. Lower your credit limits as well so that you don’t have that extra amount to spend on those cards.

5. Taxes – Contribute to your 401(k) every month, make use of your healthcare and dependent care spending accounts at work.

Think of positive lifestyle changes, sometimes it is the littlest things that will help you to save the most money. Even vacations can be affordable and fun. Do your due diligence in researching all of these different avenues in your life; be creative and willing to make those necessary changes.

If you missed the first 5 ways to help change your finance lifestyle design you can read them here.

Mavis Kelley, CHHC, AADP is a Certified Integrative Health and Wellness Life Coach specializing in nutrition, health, well-being, fitness and lifestyle design. For more information or to schedule a breakthrough session, please contact her at: Mavis@nspirehealthyliving.net or visit her website at: http://NspireHealthyLiving.com.

Would You Like A New Finance Lifestyle Design? Part 1

Pink piggy bank with a dollar bill in the slotEvery woman manages their own finances, usually, and pays the bills but do you work off of a budget? How much of your monthly income are you paying out? Is there a way that you can make reductions in your budget? These are some of the questions that you might be asking yourself every month. There are 10 things that you might be able to change in your budget in order to create a new finance lifestyle design.

Here is the first 5 ways to help change your finance lifestyle design:

1. Fixed monthly expenses – The term fixed makes you believe that it means you can’t change things but it doesn’t mean they’re not negotiable. Make phone calls to try to negotiate terms.

2. Rent or mortgage – If you are paying more than 25% of your income every month in mortgage or rent payments you need to think if this is the long term plan that you want. Can you afford to keep making those high payments?

3. Utilities – Save money by turning down your heat and air conditioning. Do you need a bunch of phone lines? Is your cell phone a necessity to your life?

4. Insurance – If you have term life insurance that is 5 years old call around and get a better rate. Change your deductibles on your auto and home insurance to get a lower rate each month. If your car is paid off remove the collision insurance for a lower rate but keep the disability insurance.

5. Groceries – You don’t need name brand products, the generic ones are just as good. Don’t buy more prepared foods, you can make meals cheaper if you buy the ingredients and make it yourself. It is also healthier for you when it is freshly made by you.
Think of positive lifestyle changes, sometimes it is the littlest things that will help you to save the most money. Even vacations can be affordable and fun. Do your due diligence in researching all of these different avenues in your life; be creative and willing to make those necessary changes.

Come back on Friday for the next 5 ways to help change your finance lifestyle design.

Mavis Kelley, CHHC, AADP is a Certified Integrative Health and Wellness Life Coach specializing in nutrition, health, well-being, fitness and lifestyle design. For more information or to schedule a breakthrough session, please contact her at: Mavis@nspirehealthyliving.net or visit her website at: http://NspireHealthyLiving.com.