Categories
Articles

Take action

financial well-being icon

TAKE ACTION

Live your best financial life

It’s great to have money, but who wants to think about it? The short answer is: You do. Because the earlier you think about it, the better. If you’ve decided it’s time to learn more about money and get your financial life on track, congratulations. Getting control of your finances is the first step toward achieving the financial life you’ve always wanted.

Print

Looking for more? Find other articles below

Live your best financial life

Get started now

If you’ve already decided to learn about money and create a financial plan, you’re one step ahead of most people. An important next step can be to share your journey with friends and family. That way, when they check back with you about your progress, you can be accountable to someone. Remember: Goals that aren’t written down are just wishes. So write your decision down, share it with loved ones and stay accountable.

After making your decision, you’ll want to know exactly where you stand. One way to do that is to look at your credit report so you know what information lenders are seeing about you. Check with any of the three credit score issuers: Transunion®, Equifax® and Experian®. Review your credit report carefully and be sure to challenge any mistakes or inaccuracies.

Make a plan — and a budget

Looking through your credit report can give you an idea of the existing debt and expenses you have. Write down all your monthly expenses and your monthly income. Capturing your total income and expenses is the first step in making a budget. Depending on your history with money, you may have a negative association with the word budget, but it’s important to remember that a budget is just a tool. It can help you stop spending money on things that aren’t important to you, so that you still have money to spend on the things that are important to you.

Cut your expenses

Again, you’ll want to make sure your budget is written down and tracked. Once you’ve been budgeting for a few months, you’ll start to notice patterns in where and how you spend your money. Decide which expenses align with what’s important to you, and cut the things that don’t. Use any extra money each month to create an emergency fund and reduce your debt. 

Grow your income

While many budgeting guides talk about eliminating that daily coffee purchase or unused gym membership, that’s only one side of the story. There’s only so much you can cut out of your budget, while in theory at least, you have unlimited income potential. Look for more ways to save in your spending when you go shopping, or out to dinner. Wait for larger items to go on sale before you pay the full price. And also look for ways to bump up your income — perhaps selling items you don’t need or doing small jobs in your spare time.

It’s a marathon — not a sprint

Finally, remember that financial health is a marathon, not a sprint. Depending on where you’re starting, you may not completely eliminate your debt in a few months or even a few years. It will take time. So it’s important to remember to be steady and patient. And not all months will be the same. There will be times when you slip up and make poor financial choices. This is another reason why writing down and tracking your progress can be useful. It helps you see that if you have a bad financial day, you’ve also had many good days. You’ll get there. 

Need help?

As a Costco employee, you have access to SmartDollar®, a financial well-being program, as well as one-on-one financial coaching, that’s included in your Costco benefits — at no cost to you. In addition to educational content from financial experts, it offers a full suite of budgeting, tracking and financial tools, plus Dave Ramsey’s 7 Baby Steps program. This proven program is designed to help you learn how to stick to a budget, get out of debt, save for the future and retire with confidence — no matter where you start.

The bottom line

Deciding to manage your financial situation, track your expenses, learn to budget and get control of your money is one of the best financial decisions you can make. Building on a sound financial foundation can provide peace of mind and help you lead a more stable life. Decide to start, write it down and share it with trusted friends and family. Gather information on your monthly income and expenses and start a budget.

Remember, sharing your decision and your progress with others helps keep you accountable, even when the inevitable slip-ups happen. When you do slip up and make a poor financial decision, the most important thing you can do is acknowledge that it happened and plan to do better tomorrow. One day at a time, you’ll find your path to a brighter financial future.

Source: Intuit MintLife. Getting my finances together: Where do I even start?

*With more than 90 days of service.

If you’re ready to live your best financial life, the following resources can provide the support you need.

Categories
Articles

Explore more

emotional well-being icon

EXPLORE MORE

Video: Don’t feed your feelings: A guide to emotional eating

Do you load up on carbs, sugar or junk food when you’re feeling stressed? Is chocolate chip ice cream your go-to treatment for anxiety? Here’s your opportunity to take a closer look at how uncomfortable emotions can drive your eating habits. Recorded on May 11, 2023, this thought-provoking webinar is hosted by Allison Grupski, PhD, WW VP of Behavior Change Strategies & Coaching, and Sophia Webb, WW coach.

Print

Looking for more? Find other articles below

zoom-interview-screenshot

Watch Video

Source: WeightWatchers

Categories
Articles

Learn the basics

physical well-being icon

LEARN THE BASICS

How to strength train at home

Want to reduce body fat, increase lean muscle mass and burn calories more efficiently? Strength training is the answer. It’s also a great way to future-proof your body. Strength training can enhance your quality of life and improve your ability to do everyday activities. It can reduce your risk of osteoporosis and protect your joints from injury.

Building muscle through strength training can also contribute to better balance and may reduce your risk of falls. This can help you maintain independence as you age. And it can help reduce the symptoms of chronic conditions, including arthritis, back pain, obesity, heart disease, depression and diabetes.1

And here’s some more good news: You can do strength training anytime, anywhere, without going to a gym or fitness studio. So let’s get started.

Print

Looking for more? Find other articles below

person stretching at home with exercise equipment

Do your strength training at home

Just pick any of the moves listed below, and aim to do only one set of 8–12 reps, 2 to 3 times per week. When you’re ready, add another move. If you’re up for more, try doing a short workout that includes one upper body exercise, one lower body exercise and one core (back + abdominals) exercise, 2 to 3 times per week. For example, you could try:

  • 1 set of 8–20 wall push-ups
  • 1 set of 8–20 wall squats
  • 1 set of 8–20 crunches

Another option is to do a full-body strength-training workout consisting of all the moves listed below. For each move, aim to do one set of 8–12 reps, resting for 1 to 2 minutes before moving on to the next set.

Try these strength-building moves from Omada

1. Calf raises

Stand with your feet shoulder-width apart. Keeping your legs straight, push up as far as you can on the balls of your feet. Pause for 2 seconds, then lower your heels back to the floor.

calf raise exercise against a tree

Tip: Rest one or both hands on a wall or chair for balance.

Too easy? Do the move while standing on the first step of a staircase. Start with your heels hanging just off the step and rest a hand on the railing or wall to keep your balance.

2. Wall push-ups

Stand in front of a wall, just a bit farther than an arm’s length away. Then lean forward and place your palms flat against the wall, shoulder-height and shoulder-width apart. Bend your elbows as you slowly lower your upper body toward the wall while keeping your feet flat on the floor. Your back should be straight and your stomach muscles tight. Pause, then push yourself back until your arms are straight again.

wall push-up exercise

Tip: Avoid “locking” your elbows by keeping your arms slightly bent.

Too easy? Make this move more challenging by using a countertop instead of a wall and scooting your feet back so that more of your weight is in your arms. Still too easy? Do a classic push-up on the floor, keeping your back straight and your hands directly under your shoulders.

3. Bicep curls

For this move, you’ll need set of dumbbells (though you could also start with two equal-sized bottles or cans). If you’re new to strength training or haven’t done it in a while, consider starting with a pair of 3–5-pound weights.

Grasp a dumbbell in each hand, place your feet shoulder-width apart, and let your arms hang by your sides, palms facing your thighs. As you slowly lift the weight, rotate your forearms so your palms end up facing your shoulders. Pause, and then lower the dumbbells back to the starting position.

bicep curl

Tip: Keep your wrists straight, and your upper arms and elbows close to your sides.

Too easy? Use a heavier weight. You know you have the right weight when your muscles are tired after doing the move 10 times.

4. Crunches

Lie on your back, knees bent, feet flat on the floor. With your hands behind your head and elbows pointing out to the sides, slowly raise your shoulders and upper back off the floor. Pause, then lower your shoulders back to the floor. Don’t forget to breathe! Exhale as you raise your shoulders, and inhale as you lower them.

person doing crunches at home

Tip: Don’t sit all the way up — raise only your shoulders and upper back. Keep your chin lifted off your chest and avoid pulling on your head with your hands.

Too easy? Do the same move with your feet lifted off the floor. Keep your knees bent so your calves are parallel to the floor and cross your ankles for stability.

5. Superman

Lie face down on the floor and extend your arms straight over your head. Lift your left arm and your right leg up off the floor at the same time, keeping your head, neck and back in a line. Hold that position for 2 to 4 seconds before lowering your arm and leg back to the floor. Repeat with your right arm and left leg.

person doing superman exercise at home

Tip: Be sure your feet are flexed, not pointed.

Too easy? Lift both arms and both legs up off the floor at the same time. Hold this for 2 to 4 seconds, then lower.

6. Overhead press

Grasp a dumbbell in each hand and sit or stand with your feet shoulder-width apart. Raise your hands, with your palms facing forward and your wrists straight until the dumbbells are level with your shoulders and parallel to the floor. Push the dumbbells up, over your head until your arms are fully extended. Pause. Slowly lower your hands back to the starting position.

person doing overhead press exercise at home

Tip: Keep the dumbbells in line with your shoulders as you raise and lower them and avoid “locking” your elbows.

Too easy? Use a heavier weight — your muscles should be tired after doing the move 10 times.

7. Wall squats

Stand about a foot and a half from a smooth wall, and then lean your back against it. Bend your knees to slide your back down the wall until your thighs are about parallel to the floor — or as close as you can get without straining yourself. Hold this position, keeping your stomach muscles tight. Slowly return to starting position by sliding your back up the wall.

wall squat

Tip: As you bend your legs, don’t let your knees extend past your toes. If you have to, scoot your feet forward to make sure that doesn’t happen.

Too easy? Do it without the wall: Stand with feet slightly more than shoulder-width apart, arms extended forward and parallel to the floor. Keeping your weight in your heels, lean forward just a bit at your hips, and keep your back straight as you slowly lower yourself to a near-sitting position (or as far down as you can comfortably go). Pause, and then slowly rise to standing.

Source: Omada. How to strength train at home.

1Mayo Clinic. Strength training: Get stronger, leaner, healthier.

Categories
Articles

Check it out

financial well-being icon

CHECK IT OUT

Video: Setting financial goals you can reach

Is your credit card debt keeping you up at night? Are you putting money into a retirement plan? Is your dream vacation just that — a dream? Is buying a house out of the question? Maybe now is the perfect time to stop worrying about money and start taking control of it.

As this informative three-minute video suggests, you can learn how to set reasonable financial goals and accomplish them.

Print

Looking for more? Find other articles below

+

Show transcript

Source: Resources For Living. Setting financial goals you can reach.

Categories
Recipes

Healthy recipe

HEALTHY RECIPE

Easy pancake breakfast tacos

Here’s a fun take on breakfast tacos, with pancakes standing in for tortillas. For ease and convenience, the recipe calls for frozen pancakes; their hearty texture is perfect here. To balance the slight sweetness of the pancakes, try using a spicy or smoky salsa.

Print

Prep Time: 5 min | Cook Time: 5 min | Total Time: 10 min
Ingredients: 8
Easy pancake breakfast tacos
Ingredients:

4 sprays of cooking spray

8 frozen pancakes

6 large eggs

¼ teaspoon kosher salt

¼ teaspoon black pepper

6 tablespoons shredded reduced-fat Mexican-style cheese

8 teaspoons fat-free salsa

¼ cup chopped raw scallions

Directions:
Step 1

Heat the pancakes according to the package directions; cover and keep warm.

Step 2

In a medium bowl, whisk together the eggs, salt and black pepper. Coat a medium nonstick skillet with cooking spray and heat over medium-low. Add the egg mixture to the pan; cook, stirring frequently to scramble, until the eggs are set, 3 to 4 minutes.

Step 3

Arrange the pancakes on a work surface; top evenly with the scrambled eggs. Divide the cheese, salsa and scallions evenly among the pancakes. Fold the pancakes over like a taco.

Nutrition

Serving size: 1 taco | Calories: 153 | Total fat: 6 g | Saturated fat: 2 g | Sodium: 361 mg | Total carbs: 15 g | Fiber: 1 g | Protein: 8 g

Source: WeightWatchers

Lose weight deliciously with WeightWatchers. Costco employees can join WeightWatchers for as low as $14 per month, and spouses/domestic partners and dependents can join for as low as $19.50 per month. Participants must be age 18 or over to join. Sign up at WW.com/Costco. Already a WeightWatchers member? Access these rates on your existing account by calling WeightWatchers customer service at 866-204-2885. Costco’s access ID is 16950859.

Categories
Quote

Map out your future, but do it in pencil.

Jon Bon Jovi, musician

Categories
Month Topic

May 2023: Mental health