Newspaper article The Observer (Gladstone, Australia)

Save on Cash and Calories

Newspaper article The Observer (Gladstone, Australia)

Save on Cash and Calories

Article excerpt

THE most popular New Yearas resolutions are to lose weight and gain wealth.

And the same principles apply to each.

Rule 1. You must have a concrete goal. It is as pointless to say aI want to lose a few kilosa as it is to say aI want to have more money in the banka. You need a specific goal and a timeframe.

Rule 2. Focus on the benefits to help you stay on track. Shedding a few kilos will improve your health and make you feel better; retiring with a substantial superannuation balance will open up a whole new world of choice.

Rule 3. It must be a permanent change . Most people who go on a diet put all the lost weight back on when the diet becomes too hard. Scrimping and saving for a month is pointless a becoming wealthy is usually the result of a process of managing your money well over the long haul. …

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