Most of us understand what we need to do to improve our physical health however, we often overlook factors than can affect our general wellbeing.
Having your financial matters under control can have positive flow on effects to your general wellbeing. Financial health often provides peace of mind along with reducing mental stress and anxiety yet we don’t actively seek help in this area.
Money has the opportunity to make or break relationships, provide access to required resources such as energy, water and food, as well as give us the opportunity to do things like buying a bike, or joining the footy club. These things can determine our health outcomes in positive or negative ways.
To ensure we focus more on the positive impacts it’s important to develop ways to live within your means. You could make sure that what you spend each month is less than or at least equal to the amount of money you receive each month. For a lot of us, it’s a lot easier said than done. Credit cards, loans, savings, and even emergency funds allow you to easily spend more than your income would allow you to.
Jacinta Morris, Financial Counsellor at Bethany Community Support said, “Financial stress can have a big impact on a person’s mental and physical wellbeing. Having the right tools and knowledge around finances can go a long way to reducing this stress”
It doesn’t just impact on what we can access through money such as education for our children, but can also make or break our relationships with family and partners. Relationships Australia have identified finances as one of the leading causes of relationship breakdowns.
Rural Northwest health in partnership with West Wimmera Health Service and Bethany Community Support are running a two part workshop series ‘Getting the Most of Out of YOUR Money’, to help people develop skills to assist with managing their finances.
Nick Wakeling, Health Promotion Officer at Rural Northwest Health said, “Happiness does not come from having more money, but from feeling comfortable in what you have. This workshop will allow you to build some skills to help with that.”
The workshops are delivered over two 1.5 hour online sessions and are designed to provide tools and skills to get the most out of your money no matter how much you have.
“This is our second round of workshops and participants from the first round told us they were there to reduce their stress, increase their comfort and to feel secure in what they had. After the success of the first workshops we wanted to be able to give the opportunity for more people to work on their financial matters and improve their overall wellbeing in the process.’ Said Nick.