Money is a powerful thing. American novelist Louise Mensch once said, “Money gives you the power to do whatever you want to do. I like the idea of being in complete control of my life”.
The truth is, planning and managing your money can improve your financial wellness status. Improving your financial wellness status is powerful; it can help you sleep better at night and reduce your financial stress. International research found that a strong relationship exists between a person’s financial health and physical health, meaning that a reduction in financial stress will improve your physical health.
Physical wellness and financial wellness are indeed connected
If you are physically healthy – exercise often, eat healthily and get enough sleep, then your chances of being financially healthy are better. Also, because you are healthier, you’re more likely to reduce the money you spend on health, making more money available for other needs.
Get money happy
If you struggle with financial stress, you’re more likely to suffer from health problems. Get your money matter sorted, and there will be some immediate relief. We know that sometimes this can seem easier said than done, but it does not have to be that hard with Momentum Multiply on your side.
How Momentum Multiply can help you get peace of mind
What’s the easiest way to reduce stress-related to finances? Having more money and spending less. Here’s how:
1. Exercise more
Burn 300 calories in one workout session, walk or run 10 000 steps a day, exercise at the gym or participate in an event registered on EntryTime or play a round of golf to earn Active Dayz™. You will be rewarded with a point for every active day you earn. The more points you earn, the higher your status and the greater your rewards, savings and discounts.
2. Speak to a financial adviser
Sometimes it can help to speak to someone who knows. Knowing where you stand financially will put you in the driver’s seat when it comes to peace of mind and your money. Schedule a financial review with a financial adviser to help you sort through the clutter and come up with a sound financial plan.
3. Maximise your rewards
Did you know that you qualify for Momentum Multiply if you have a Momentum product or you are a member of another qualifying medical scheme? This means you can enjoy a range of discounts and savings at various partners, like 2% in cashbacks at Makro and Dis-Chem, 10% off monthly gym fees at Virgin Active, Planet Fitness, and so much more!
4. Multiply your money
Multiply Money is a free benefit for Multiply members that gives you access to a savings wallet and a payment wallet. To help kick-start your savings, your Multiply cashbacks are conveniently deposited into your savings wallet.
Watch this video to learn more about Multiply Money.
You may also want to read this post on how Multiply Money can help you achieve your savings goals.