Tag Archives: health

The 10 most common Millionaire Habits

Posted By Financial Independence Hub | June 14, 2017

By Jessica Kane

Special to the Financial Independence Hub

The ambition and ability that it takes to achieve wealth comes from all kinds of people, but not all from the same locale, upbringing or backgrounds. This begs the question, do rich people have anything particular in common? Well in a sense, yes they do.

Most of the people who have achieved the status of millionaires engage in daily rituals that help them meet their goals. These are primarily activities that engage them in a personal and private way, but many other millionaires share these daily rituals in common with other wealthy individuals.

So for readers who would like to become richer and realize their potential to become millionaires themselves, here are the ten things to consider incorporating into your own daily routine. These 10 daily rituals may be the boost you are looking for to become the next millionaire, or at least a person of better financial means.

1.) Be the Early Bird

Everyone has heard this one expressed by mentors in life, but not everyone takes it to heart like they probably should. Starting early is a common theme when discussing daily rituals with most modern day millionaires. Getting a jump on the rest of the day begins by being awake earlier than the other birds out there. Also, being up early allows more time in the day and more hours to engage in personal activities. This seems to be the most common daily ritual that most millionaires practice.

2.) Maintain a healthy diet

Staying healthy is important, but a lot of people don’t make it a priority. Not the average millionaire: these people understand that a sick day means a non-working day. The more involved in wealth building a person becomes, the more value they place on their personal health and well being. Because if you are not able to get out of bed, you surely cannot make decisions and be there when needed in the business world. So eating right is a first step to being more successful.

3.) Keep fit and exercise

25 factors that impact Life Insurance premiums

Posted By Financial Independence Hub | May 26, 2017

By Chantal Marr, LSM Insurance

Special to the Financial Independence Hub

Life insurance protects your family financially, but it can also be huge strain on your budget. Over the years, even a small savings in your premium can really add up. The following factors are used to determine the rate you will pay. Not all of these factors are controllable; however, there are some lifestyle changes you can make to lower your premium.

1. Age at Time of Purchase

The younger you are at the time of purchase, the lower your rate will be. Insurance experts say the sooner you buy a policy, the better. Chris Huntley, life insurance agent at Huntley Wealth and Insurance explains, “Age is the most important contributor to both term and whole life insurance rates. If the insured outlives the initial term, the insurance carrier must adjust the premium to reflect their new age.”

2. Your Health History

Insurance providers need to know of any health problems you may have had in the past to determine your risk factor. Chronic illnesses could result in higher premiums. According to Canada Protection Plan, “Generally, insurance underwriters review an applicant’s medical history, and assign a rating based on the presence (or lack there of) of common medical conditions.”

3. Current Health

Most insurance providers require a medical exam to determine how healthy you are. The doctor will look for signs of high blood pressure and other conditions that may lead to future problems. If you are in good health, you will typically qualify for lower rates. “Your health is a key indicator of the risk you pose to an insurer and will directly impact not only your ability to get a policy but how much you’ll pay for the policy.” Richard Laycock, senior insurance writer.

4. Your Weight

Obesity can lead to all types of health problems. Being overweight or obese can put you in a higher risk category for insurance purposes. “Life insurance premiums are also based on your weight, or at least the proportion of your weight to your height. There are ranges and a theoretical norm at the center, that indicate a “normal” proportion. To the degree your own height-to-weight ratio varies from the ideal range, you will pay more in premiums,” says Neal Frankle, CFP.

5. Hazardous Occupations

8 Diet Changes to lower your risk of Cancer

Posted By Sandy Cardy | April 28, 2017

Ask anyone what are the best things you can do for maintaining a healthy lifestyle, most often the answer (besides more exercise) is to start with managing trans fats and junk food in your diet.

No arguing with that advice. But what continues to be overlooked is our dependence on sugar, particularly when made in the form of a sweetener called fructose. In its worst form known as high fructose corn syrup, evidence continues to mount that its over-consumption is a red flag for encouraging cancer development.

The recommended daily limits for sugar are 35 grams for men and 23 grams for women. Yet many people blow away a day’s limit every day with one 50g soda. So how does one get to healthy levels without falling into depression at having to reduce your life-long allegiance to soda, juices, certain yogurts and salad dressings, not to mention candy, certain breads, granola and energy bars? (Go to Dr Mercola’s web-site for an exhaustive list of such foods.)

The power of positive thinking

Posted By Sandy Cardy | February 2, 2017

Positive thinking is a state of mind that allows you to focus on the bright side of life and believe that you can overcome any obstacle and difficulty, including dis-ease. While not accepted by everyone, the concept is growing in popularity. Optimism is the key to effective stress management and we already know that stress negatively affects our health. The health benefits of positive thinking continue to be researched but may include an increased life span, lower rates of depression, greater resistance to the common cold and a reduced risk of cardiovascular disease related deaths.

The way you think, feel and act has an effect on your body and there is growing evidence that you can change your health just by changing your mindset. Emotions can impact the course of an illness and the mind can affect the outcome of disease. For example, a stomach ulcer may develop after a stressful event, such as the death of a loved one or loss of a job.

Body speaks to Mind

At the root of every physical symptom is an emotional connection; the body speaks the mind. Poor emotional health can weaken your immune system. Continue Reading…

How to be wealthy & healthy, starting this Holiday Season

Posted By Financial Independence Hub | December 12, 2016

Piggy bank balancing on seesaw over a bottle of pills — You can balance Health & Wealth with advisors on both

By Sandy Cardy

Special the Financial Independence Hub

The Holiday season is a very personal balancing act. Every year we experience the same thing – multiple events featuring gut-bloating menus and Boxing Day blow outs followed by crash dieting for both your waist-line and your bottom line. How do you find that sweet spot between making the season joyful and memorable while avoiding the perils of two to three weeks of over-eating and spending followed by a blizzard of credit card debt?

It’s no secret that Canadians, particularly Baby Boomers in their sixties, are doing a poor job of managing their retirement savings, falling well short of amassing enough retirement funds. Canadians still find it difficult to apply one of the simplest financial planning principles: pay yourself before you pay for anything else.

If, like many boomers, your retirement plan is increasingly looking like harnessing yourself to a full-time job as long as possible, what happens if you fall sick? And when you gaze with furrowed brow at your bloated credit card balances in January, not only are you even further from any savings goals, the sheer shock of the amount owing can add an unwelcome dollop of stress to already overtaxed minds and bodies. Never knowing when enough is enough, there aren’t any checks and balances on our impulse to over-consume.

Here are some tips to get re-balanced for 2017:

Every money decision you make, even the little ones, will have an impact on your retirement. Perhaps what you need now is a qualified advisor to help you achieve your goals: someone you trust wholeheartedly. A good advisor will ensure you are realizing all cost savings, and applying tax minimization strategies to build your net worth. Put it this way: it’s much more difficult to neglect simple investment principles when a financial planner is looking over your shoulder.

Healthcare advisors as important as financial advisors

Similarly, having one or more health care advisors available is essential. Whether you encounter a health crisis or want to pursue preventative health, it’s key to find nurturing and optimistic healers, either conventional or alternative, ones that involve you in your health care discussion.