#WORLDCLASS Evolution MD Dr. Mahlon A. Kerr | Page 12

5 Simple Steps to Boost your
Financial Health
Paula Onysko
Have you ever noticed there is a
powerful connection between
your financial and physical health?
When you have money flowing in
your life, many other things flow,
too. Conversely, financial stress
can take a huge toll on your
physical body. It’s also one of the
top stressors in relationships and
marriages.
The state of your finances is often a
reflection of your inner self-worth
or confidence. The higher your
self-worth, the more attention
you pay to how you treat both
your body and bank account. The

lower your self-worth, the more
your body or bank account get
ignored or abused.
The good news is neither holds
grudges, meaning you can change
your reality beginning today. As
you empower a new relationship
with money, you can bring
tremendous peace and healing
into your body.

For the next two weeks, track
everything you spend. Write
down the item and amount in a
small book you take everywhere.
Capture every purchase – from
the latte and muffin, to groceries,
gifts, utilities and more. Total the
amount to identify your daily
spending. Then circle items that
you didn’t need and add them up
daily as well.
Let’s get started with 5 simple After two weeks, reflect on your
steps to boost your financial spending.
Are you surprised
how much you spend? Did you
health in 2015.
purchase things you didn’t need
STEP 1 Track Your Spending
or value? Are you spending
money you don’t have? Or are

12 Evolution Magazine | #WorldClass Special Edition

you pleased and empowered choice to begin. Choose a
repayment amount that feels dowith your purchases?
able and start paying down the
STEP 2 Align your Spending with debt that has the highest interest
rate. Increase the repayment
your Values
amount over time as you get a
Using the information gained better handle on your spending.
from Step 1, get clear on how you I recommend setting up an
want to spend your money going automatic monthly payment
forward. Often times we are so you aren’t tempted to skip a
spending money to fill voids in payment. With every payment,
our lives instead of using money acknowledge yourself for taking
to create more peace, fun and control of your finances.
freedom.
STEP 4 Empower Your Savings
Remember, you likely worked
hard for your money. Align your Even if you have debt to repay,
spending with your top values – also begin saving for the future.
whatever is most important to The amount will depend on
you.
your income, basic expenses
and debt levels. That’s okay. You
First ensure your basic needs are are strengthening your savings
met. After that, address any debt habit and saying, “I am worthy of
repayments and begin saving consciously building my wealth.”
(see Steps 3 and 4). Then the fun So begin today, with even a
begins. What passions do you small monthly amount. You’ll be
have? Maybe travel is important, surprised at how quickly small
or creative self-expression. How amounts add up.
about extra money for your
wellness, including nourishing There are many savings vehicles
organic food? As you invest in – saving accounts, mutual funds,
what’s important, something stocks, bonds and more – each
magical
happens.
More with a different rate of return. If all
the options overwhelm you, ask
abundance flows your way.
a financial advisor, or start with
STEP 3
Build a Debt Repayment an online saving account such as
Plan
www.tangerine.ca that you can
set up at no cost. The point is,
Some people have shame around start saving and keep saving.
their debt. Yet, debt simply
reflects past spending habits. STEP 5 Claim your Worth
It says nothing about what’s
possible going forward. You Whether you are self-employed
choose