Healthy, Wealthy and Wise Conference
On November 30th, 2017 Leading Through Service hosted the first ever Healthy Wealthy and Wise Conference. The goal of the conference was simple; bring like-minded people together to offer tips on how to be healthier, wealthier and wiser. Below are the notes from the meeting with links to further detail. The format below will be in bullet points to help you navigate more easily.
- Intermittent Fasting
- The notion of fasting has been around for quite some time but recently scientists have been studying the benefits of eating during seven-eight hours of the day, and fasting for the other fifteen-sixteen hours. I have found this to be very beneficial in cognitive awareness, better sleeping habits, more energy and weight loss. I typically eat my first meal around 11:00 AM and conclude eating around 6:00 PM.
- Meal Prep
- The goal of meal prepping is to control the foods available to you during your work schedule. Rather than wondering where you are going to go to eat, you have the food already made. So instead of reaching for the greasy cheeseburger, you have grilled chicken and salad already prepared for you. It saves time, money and allows for better food choices which leads to increased health.
- Cellular Regeneration
- The final topic was a little deeper than the first two and was based on the following quote: “Nutrition, breathing and our response to stress dictate how much we remember ourselves.” In simpler terms, our skin cells, liver cells and other cells replace themselves each year. Our body is an amazing instrument that can repair itself. Because of that, changes in nutrition and exercise can help foster new gene expression. It’s the premise behind how a former alcoholic has brighter skin and more energy when they stop drinking. Its not just because they are not drinking, it’s because their genes are being expressed differently.
- Roth IRA
- Roth IRA’s are an easy way for people to invest and grow retirement savings that will be tax free later in life. The maximum you can put into a Roth IRA is $5500 per year, but if you do that for 40 years at 8% growth, the total will be over $1.5 million. Most retirees don’t have enough money in their savings accounts for retirement, and a Roth IRA is a great way to start. Consider using Vanguard for lost cost mutual fund options or Betterment.
- Robin Hood S and P
- Robin Hood is an App which allows people to trade stocks at zero cost. It is a great way to start investing if you have some money left over after putting it into retirement savings.
- Budgeting seems like a simple concept, and if you are looking to pay off credit card debt, consider using the link above to read through David Bach’s DOLP method. Another idea that came up is budgeting with a spouse or significant other. What if one person wants to spend $10 a day on lunch, while the other person doesn’t. How can you negotiate the happiness of both parties? One idea that came out of the conference, was deciding what your financial goals are from the beginning. Do you want to retire early, or take a vacation. Once you set your goals and your vision for money, you can backwards design how much you need to save (or not spend) to meet your goals.
Wise – Our conference was coming to a close at this point, which is why everything is summarized in one concept. We will get back to more details on wisdom at next month’s conference.
- Sometimes life is difficult and you have to be patient in making decisions. When you change the way you eat, you might not see results for a few weeks. When you start investing, you might not see financial gains right away. The goal is to be patient, work the process and instead of prioritizing your schedule, start scheduling your priorities. This concept was summarize by one of the conferences members who said “Know that there is no end to this but death.” He cited how Ray Kroc was 52 when he franchised McDonalds and Benjamin Franklin kept inventing until the end of his life. Wherever you are at right now, you can make a change for the better.
Thank you very much for taking the time to read this. If you have other questions or comments feel free to reach out.
Leading Through Service