Your Health Is Your Most Valuable Asset

health

 

THIS POST MAY CONTAIN AFFILIATE LINKS.  SEE MY FULL DISCLOSURE FOR DETAILS.

Because I feel that every aspect of life overlaps with financial success, I feel strongly about a topic that most people don’t consider related.  In fact, most take it for granted and neglect it when it needs everyday attention.  Here we go: Everyone must take charge of their health.  OK, I can feel the collective groan.  You mean I have to eat chunks of tofu?  Um, no, but it would help to put down the donuts.

Here’s the downside of not managing your health.  Feeling like a slug all the time might be a hint.  Having minor, chronic discomfort is another clue, whether it be from digestion, skin problems, allergies, or constantly getting a cold.

Here’s my day when I don’t eat right, exercise, or sleep well: cranky, no focus, foggy-headed, lethargic.  I can’t read anything beyond a third-grade level and I don’t want anyone near me.  After a few days, it’s like I’ve chosen Door #1 to the dark vortex that brings on depression.  Eventually, everyone will run from me but I don’t care because all I want to do is lay down.

Continue reading “Your Health Is Your Most Valuable Asset”

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investing

Investment Compounding Schedule

 

THIS POST MAY CONTAIN AFFILIATE LINKS.  SEE MY FULL DISCLOSURE FOR DETAILS.

I devised this schedule to predict what my future investments would be worth.  The typical Future Value calculation involves taking today’s account balance, applying an interest rate and the number of periods for compounding. 

That’s great if you are working with only one balance at one given time. 

Because I make regular deposits into my investment accounts, I wanted to increase the balances at different intervals.  I created quarterly segments where any additional investment can be entered.  The formula will take the new end-of-quarter balance and apply the compounding. This repeats for all quarters. 

The yellow fields are the input fields.  The investment account balances can be entered at the top left.  You will see the entire schedule update as soon as an investment balance is entered.  Amounts can be entered in all the “Cash Invested” fields. 

At the end of the schedule, I calculate a cash flow amount based on the final balance.  I have used a conservative 3.5% return.  Below, I have a short list of estimated living expenses. Both cash flow and living expenses can be calculated on a monthly or annual basis.

If you’re good at Excel, you change alter the rates and add rows for additional years.  Let me know what you think of the schedule. I hope you find it useful.

Inv Compounding

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