HealthyLife Articles

Tag: check-in

  • How Was Your Day At School?

    FAMILY LIFE

    Image of mother and her school-age child.

    Students are back in school, and now is the time for parents to develop routines to help their children succeed academically. Kimberly Greder, Iowa State University Extension and Outreach family life specialist, says parental involvement, more than income or social status, is a predictor of student achievement.

    *  Create a home environment that encourages learning. Set high but reasonable expectations for your kids.

    *  Get involved, with your kids, in school and community activities. Ask about homework. Visit with teachers and school counselors. Ask them what you can do at home to help your kids succeed.

    *  Ask your kids about their day at school.

    *  Encourage reading at home and be a role model.

    *  Watch who your kids hang out with. Make sure they are doing healthy activities.

    *  Get your kids involved in activities or sports to develop leadership skills and positive communication and conflict resolution skills.

    © American Institute for Preventive Medicine

  • An Annual Financial Review

    FINANCIAL HEALTH

    Women writing on paper with laptop next to her.

    Managing your finances is a long-term investment. Following a budget is the blueprint for financial health. But, how do you know if it’s working?

    A yearly financial review provides a snapshot of how well your financial management achieves your financial goals. And it allows you to identify and adapt to changes in your financial health.

    Step 1: Review your debts

    Begin by making a list of all your debts and their interest rates. Evaluate your progress in reducing your debt burden in the past year. Determine if your current payoff plan is working or if you need to allocate more resources to reduce debt.

    Step 2: Reevaluate your budget

    Compare your budget to your actual monthly expenses. Make adjustments so it accurately reflects your current bills and income. It’s normal for things to change over the course of a year. Identify areas where you are overspending and need to adjust either your budget or your spending habits.

    Step 3: Assess your savings

    It’s wise to have a rainy-day fund set aside in a separate savings account. That account should be paid into each month to provide a safety net in case of unexpected expenses. Check to see how well you did contributing each month.

    Step 4: Review retirement accounts

    Check in with any retirement or investment accounts and consider whether they are growing at a comfortable pace. Make sure you are taking full advantage of any matching retirement funds from your employer. Double-check how the maximum IRA contribution may affect you in the coming year.

    Step 5: Update your financial goals

    Using all the information you have gathered, set both short and long-term financial goals. Paying off debts, reducing expenses, increasing savings or retirement, or planning for a large purchase can all be part of your updated goals. Keep the goals specific and measurable.

    © American Institute for Preventive Medicine