Finances– it’s an issue that causes a lot of stress and anxiety for many people. Especially when there never seems as though there is enough money to go around. During this pandemic, many people are sadly stretched to the limit. Food banks are being used by people who never required that safety net before.
I’m not one to give financial advice to anyone, so that is why I’m quoting so many others in this post. I’ve just gathered information that I hope you find helpful.
My naturopath, Sue-Anne Hickey (1) says that, financial expert Suze Orman discovered the facinating correlation between financial stress and weight gain over unpaid bills. Generally there was a 2 pound weight gain for every $1,000 of debt.
Finances affect all aspects of our lives, especially our health. Debt can lead to mild to severe health problems including ulcers, migraines, depression and even heart attacks (2).
Have a Plan for Spending and Saving: To reach your financial goals you need to track your spending. Even if you have a high net worth, you may be surprised at how much more you could save if you cut unnecessary purchases. It could potentially equate to thousands more by the time you retire.
Find More Ways to Save: Once your budget is soild, start looking for opportunities to save more money. There are typically two ways to do this: decrease spending or increase income. The most effective way is a combination of both.
Invest with Confidence: …having a strong investment portfolio gets you one step closer to reaching your financial goals– and living the life you want in retirement.
I live by the mantra of “pay yourself first”– advice I received from reading the Wealthy Barber by David Chilton, many years ago. I started doing this very late in life, though– after recovering from losing everything– but I’m so glad I took the baby steps about 6 years ago. I am super thrifty: shopping second hand, getting things for free from my local Buy Nothing Facebook group and buying most things on sale (or recently on senior discount days!). Also, as you know, I’m very fortunate and grateful to have a husband to share expenses with– who also happens to loathe spending money! All of these things make it easier– or even possible— for me to save for my future. It is still very hard work– I must admit. Doing without is often not the most fun. We make do, though!
I do know from experience that your self-esteem will increase as you increase your sense of being financially responsible. Start where you are at, today!
For me, volunteering is a family value. My Mom volunteered several hours a week at our church and at a home for the disabled, while I was in high school. She was committed to volunteering and helping out others. It made her feel useful and gave her a sense of purpose, while helping others at the same time.
Many organizations, such as The Royal, simply could not run without the assistance of volunteers. During the 2019/20 fiscal year, 409 volunteers put in 31,884 hours to help the mental health centre run smoothly. I think everyone realizes that volunteering is important to help out worthy causes and people/animals in need. But, what about the benefits for the person doing the volunteering?
Firstly, it helps build social connections. Getting out and meeting people with common interests helps so much with feelings of isolation or loneliness (especially during a pandemic). Since starting my volunteer work at The Royal, 9 years ago, I have made so many friends. These friends are fellow volunteers, staff and peers and I lovingly refer to them as “my Royal Family”.
Second, volunteering helps to improve health…both mentally and physically. It has certainly helped me counteract the effects of stress, depression and anxiety. Volunteering gets my mind off of my own issues as I am there to help others, who have more serious problems than mine. The fact that I’m in regular contact with others in my support system really helps to combat depression and feelings of isolation. Also, research shows that “people who give their time to others might benefit from lower blood pressure and a longer lifespan”.*
Another huge benefit I’ve found with volunteering, is how it has boosted my self-confidence and self-esteem. By helping others, I’m helping myself, through learning new skills, taking on new challenges and working towards goals and deadlines. By accomplishing all of these things, I feel a sense of pride, and have a feel-good attitude, of “I do have value– I can do this, and I can do this well!”
Probably the biggest intitial difference for me with volunteering, right off the bat, was how it gave me a sense of purpose. A reason to get out of bed in the morning. I would look forward to getting on the bus, and showing up at my volunteer job to see all those amazing faces and to share a few laughs. I have a big sense of connection to mental health (as you all know) and being able to give back to The Royal in particular, when they helped to transform my life, makes me feel so good.
In addition, volunteering can help out with your career. From teenagers looking for their first job, or adults wanting to change direction or get promoted. Volunteer experience always looks great on the resume and can help you build skills and gather experience in areas that you’ve never worked in before.
This past Christmas, 2020, I volunteered serving dinner to the women of Cornerstone Housing for Women. It made me feel wonderful to be helping those less fortunate than myself. It got me out of my ho-hum mood (by forgetting my own problems) about spending Christmas without family (due to COVID). These women were so happy to see me (with my Santa hat on). I was also pleased to see them. A happy Christmas for all of us!
For all of these reasons, I would suggest finding a volunteer opportunity that interests you.
I’m sure many of you are spending several hours a day, or more, attached to your computer screen; attending Zoom meetings, responding to emails, etc. It is so important, now during this pandemic–more than ever–to keep active for your physical and mental wellbeing.
Despite the pandemic, I recently had an annual physical, for which I am very grateful. I have a wonderful family physician who takes a lot of time talking to me about my overall health. This year was no different. Every year, she gives me notes to take home with me–my homework! This is what she told me to focus on this year.
First, take vitamin D supplements daily all year round –1,000 UI (with food). Everyone in our climate is vitamin D deficient, unless they take supplements. Also, my doctor explained to me that there has been some very preliminary research done which seems to indicate that those deficient in vitamin D have worse outcomes if they get COVID than those who are not vitamin D deficient. Guess what I’m taking every morning with breakfast?
My doctor also wants me to enjoy my golden years. I’m 55–getting to the age where my children might soon have children of their own. My doctor said that so many people get out there and throw a ball to their grandkids and pull a muscle in their shoulder, or go cross country skiing and fall due to loss of balance. Therefore, next on the list of homework is:
1) I have found a great YouTube video “Real Time Full Body Stretching Routine – Ask Dr Jo” – which gives you just that – a full body stretch. I now follow this 2-3 times a week.
2) Balance: My doctor said to practice standing on one foot for as long as possible and keep extending that period of time. Alternate feet. This will help with strengthening the muscles to gain balance. I do this after my stretching routine.
3) Weights: Women in their 50’s start to lose upper body strength, if they don’t work at it. So, she recommended I do a series of arm strengthening exercises using just a light 2 pound weight to begin with. I do a series of weight lifting after my balancing exercises.
And finally, EVERY year, my doctor advises me to get at least 10,000 steps in a day. She wants me walking as much as possible every single day to keep the weight off and to stay fit. I average about 8,000 steps a day, so I’m not far off, but need to increase my steps for sure. This will be difficult once winter comes along, so I’ve purchased some cross-country skis to keep active throughout this Ottawa winter.
What will you be doing to stay active and healthy this winter?