How to get health, finances on track in 2015

How to get health, finances on track in 2015
Whether you’re trying to lose weight around your waist or gain it in your pockets, tune into WMBF News at 5 a.m. for tips that will enhance your lifestyle in the New Year.
Whether you’re trying to lose weight around your waist or gain it in your pockets, tune into WMBF News at 5 a.m. for tips that will enhance your lifestyle in the New Year.
MYRTLE BEACH, SC (WMBF) - It's a new week, and in fact, the first week of the new year. You know what that means, it's time to roll out those resolutions.

Year after year, weight loss is on the top of the list for New Years Resolutions. Unfortunately, research says most fail at sticking to those goals.

At Crossfit Driving Formations, a place they focus on physical fitness and nutrition, they're encouraging 2015 be the year we hold onto the goal of good health, by using the New Year as a start for a lifestyle change.

“It's a good framework to start with, new beginnings,” said Mikey Reiniche with Crossfit Driving Formations. “People get to focus just on what they need to work on. Health is extremely important.”

A healthy year is a step towards a healthy life. Whether your goal is to drop pounds or just feel good, experts say a healthy mind, along with clean eating, exercise, and sleep, all go hand in hand.

Reiniche said it's about taking it one step at a time. If you make your goals realistic, they will be more attainable, and stick.

For example, if you're not one for hitting the gym, start small. While you're watching TV, do some air squats during commercials. You can try incorporating weights since a new study, out of the Harvard School of Public Health, has found that lifting show better weight control results around the waist. Then push yourself to be more active each day.

Fitness experts say to implement the same rules with your diet. Start with small steps like eliminating soda and just drinking water. From there you can implement a little bit more of a strictness.

“The biggest thing is don't do it for the look. Don't eat because you want to make yourself look good, it just is not gonna last,” said Reiniche. “Eat because you want to put good fuel in your body, you want to feel good and be healthy.”

A recent gallup poll found half of Americans want to lose weight but only 26% are actually trying.

Reiniche recommends grabbing a gym buddy, or joining a program where you work out in groups, so you have that accountability, and we can turn those statistics around.

Fitness isn't the only focus for 2015.

As the first of the month approaches, so do the bills that have been piling up since November.

With only a few days left in 2014, its a good time to get a financial checkup, so you can take the weight of your wallet, off your shoulders.

Fewer Americans are making financial resolutions this year, compared to last, according to a study by Fidelity Investments. It also found, about half the people who made a financial goal last year, reported feeling better about their money now. So, why not take the time to balance your budget?

Wealth Management Specialist, Scott Pyle with Pyle Financial Services, Prospera Financial Services and member o f FINRA, SIPC,  said the first thing you need to do is reflect on the past year. Ask yourself, what you like, what you would change, and plan accordingly for 2015.

Then, have a family meeting, to clearly state the goals. Maybe you will eat out less, to save more.

Pyle says, take into account expenses. Since gas has been extremely low, use the extra money you would have spent, to save maybe even in an emergency fund.

Another focus is not carrying over any credit card debt. Put together a 90 day plan to get those bills paid off. While you're doing this, start preparing for tax season, organize your pay stubs, and get out all your paperwork.

When it comes to our finances for the future, you need to take into account, your age, if you're working or retired and your lifestyle.

"Think about what have you done in your retirement plan, this year,” said Pyle. “You have till you file taxes to look at a Roth IRA or a regular IRA. Any type of tax deferred vehicle prior to tax time is a great time to put money away now for the future."

If you're already retired, Pyle recommends talking with an expert about other ways to get income, like real estate, for example. An option is always to see a financial planner, or use a credit counseling service, but there are also free tools online, like Yodlee and Mint, to help all ages, manage finances.

Copyright 2014 WMBF News. All rights reserved.