• Wed. Jun 7th, 2023

Improving Your Financial Health: A 10-Step Workout Plan


May 26, 2023

10. Take a rest

Much like working out physically, even your financial health needs a break. You certainly don’t want to neglect it, but don’t beat yourself up too badly if you are a slow starter or need a little extra help. That is what we are here for, to take some of the onus off of you and also to keep you encouraged so we can accomplish these goals together. Also, all work and no play makes Jack a dull boy.

In other words, you don’t need a six-pack and chiseled biceps here. Sometimes good enough is OK. Thus, although this is serious stuff, you’ll have that proverbial doughnut, you’ll skip a workout, and sometimes you simply need a break. I’m here to tell you that is fine and dandy. As long as you have a steady pulse on the above, you can certainly afford to take a break.

Your financial health

It is amazing the difference I see in people once they have a pulse on their financial health. They’re as different as night and day.

One note of warning before I let you go: If you are taking on newfound ownership of your finances, please don’t get discouraged or anxious. Markets, cash and finances are not a straight line. They will ebb and flow on a month-by-month basis. Don’t let this discourage you, and don’t overreact to it. Keep up with your workouts!

Diversified, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the SEC. A copy of Diversified’s current written disclosure brochure which discusses, among other things, the firm’s business practices, services and fees, is available through the SEC’s website at: www.adviserinfo.sec.gov. Investments in securities involve risk, including the possible loss of principal. The information on this website is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction.

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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