I'm still just a regular 9 AM to 6 PM worker in an IT Company. This situations comes with certain limitations, but also with some advantages as I would later mention.
Several times in my life I took for granted the simple things that could make me healthy, and given priority to things that could destroy my health and body. Occasionally drinking for example, is a common excuse we give to ourselves to enjoy life.
Health Is Wealth
What are all the money you earned if you've got nothing to use it for? I'm sure that we all want to spend the rest of our lives with our family, happily and our families won't be happy if we become ill. I have to stress the importance of a health card or HMO which I got from the company I work for... It's not the best, but was definitely invaluable during times like this.
"You are what you eat"... Have you ever heard of this phrase before? It's true, you are what you eat because there is reason why you put something in your mouth. Take note about the law of compounding, what you eat very little multiplied by several times more can be plenty or too much.
Medical check ups cost money... Ranging from the gasoline or taxi fare that you need to spend going back and forth the hospital or clinic, to the doctors fee and medical diagnostics that you need to undergo while you're sick. Prevention is better than cure... And it's cheaper too!
Assets to Increase Your Wealth
Like how and why I started this blog, I wanted to share my ideas about having assets to protect you and your family if you ever lose your ability to generate income, physically. Unfortunately, the things that I considered assets as of this time have not bear fruit yet for me to harvest and was not able to help me much with my medical expenses. This is one reason why you and I still have to keep our jobs.
Still, I cannot stress how important it is to create your own assets. I'm not referring to life insurance, I don't like the idea behind it somehow... One thing is that there are "catch" as to how you die, how much your family receives if they'd ever get any. I hope you get the idea. So my advocation would remain with generating assets... Passive income. The motivation behind getting life insurance and building assets are different for me. Life insurance is based on fear, while building assets is based on hope. I could be wrong, you be the judge of it.
Assets are things that allows you to earn money, a steady flow of cash. I think that a house is not an asset unless...
1. It is sold and made you money or...
2. It is put on rent or lease and gives you positive cashflow every month.
I'm not saying that these assets will protect your from the worst things in life such as a natural calamity. But it would certainly make you ready for other, major things.
Your Wealth To Protect Your Health
If there's one thing I realized about my experience... It's probably this... I tried to be cheap when I exercise. I neglected the importance of a personal trainer and did things on my own. I also took for granted the importance of food supplements, vitamins, etc. If you got the budget for it, spend money to protect your health and don't be cheap.
It's your responsibility to protect your own health. Your financial success highly depends on your physical well being. If your mind is strong, so should your body. Truly, health is wealth...
Health and Wealth Is A Choice
I believe that while we don't control most of the things that happen in our life, the things that we experience today are mostly products of the choices that we made in the past. So speaking of the future, the things that we will enjoy or suffer from will most likely be a product of the choices we make now...
Photo Credit: Etwood