Did you know that success in one area helps reinforce the habits you need for the other?
Depending on which study or urban myth you believe, the typical American gains two to 10 pounds during the period between Thanksgiving and New Year’s. And there is no question that December is the spendiest month of the year. Credit card issuers can document it, and retailers count on it.
And January? That’s when we resolve to lose weight and save money. Can we attack them together? Or does it make more sense to do one, then the other? While many people will make an effort (good intentions but no specific plan) and others will look for the quickest fixes (deprivation), some of us will find that the changes hoped for in January feel like a normal part of life by June. If you need motivation for making financial changes, check out just how much your debt is costing you over the course of a lifetime. And know, too, that people who exercise and pay attention to what they eat tend to be healthier and feel better.
Ellie Kay, co-author of “Lean Body, Fat Wallet,” said it might be easier to do both at the same time since the same four habits are required for each endeavor. So success in one area helps reinforce the habits you need for the other.