×


Home About Contribute Media Kit Contact Sign In
×







.


Finance Industry Opinion

The Untold Benefits of Being Financially Stable


As more households continue to struggle with money troubles and debt, its no wonder that people want to know the benefits of financial stability in our modern world.

The Untold Benefits of Being Financially Stable


"If you are worried about job security and do not have an adequate emergency fund you need to focus more on saving money"
Suze Orman



The impact that financial status has is huge, from improving your health to making you feel good about the future. Research shows that financial stability has numerous benefits to all different aspects of your life.

Better Mental Health

In 2010, a psychological survey found that 73% of people consider money as a contributing factor to their stress levels. However, if money isn’t one of your worries, then this will reduce your stress. Persistent stress is the issue here, and it isn’t just unpleasant to have, it has a large impact on your mental health. Those who are financially stable have better mental health, and thus a greater quality of life. If you’re one of the people who find that money is taking over their daily lives, it might be worth looking into ways to organise your finances.

More Options in Life

When you manage money well today, you’re able to plan for tomorrow. There is a sense of control over your own life compared to those who are stuck with heavy debt. Plus, having financial stability means you’re more open to options and opportunities that come your way. For example, property investment is an ideal way to increase your income further, those who are financially stable can decide to invest if they wish too. Property investment companies such as RW Invest can advise anyone wanting to learn more about investment and how you can make easy money. Their developments are mainly in the North West of England and feature buy to let properties which is excellent for anyone looking to make plenty of extra cash.

The Freedom to be Generous

Who doesn’t love buying gifts for someone they love? Being generous with your money means you’re able to make people feel appreciated more. Besides, having a financially stable life means you have the freedom to be generous to anyone you wish to. This doesn’t necessarily mean others either. You could be generous to yourself by purchasing some luxury items when you want them.

Your Future is Set

If you allow yourself to become financially independent and stable now, this will mean the habits continue. The more positive habits you have, the more likely you have a future to look forward too. Your future is determined by the changes you make today; just ensure they’re always in the right direction to your end goal.

Happier Family and Marriage

Parents who have good money habits pass those along to their children, and marriages are far better without the added pressure of financial stress. Both open communication and financial stability help to create a happier and healthier relationship, which will then overflow into the rest of the home.

.


Finance Business News - South Manchester based accountancy firm Leavitt Walmsley Associates LWA are thrilled to announce they are due to return as an official Manchester Storm sponsor for the 20 21 Ice Hockey Elite Series LWA first came on board with the local club during the 2017 18 Elite League season and have continu...


LWA Return as Official Sponsor for the 2021 Ice Hockey Elite Series

Finance Business News - With the world facing the greatest public health crisis in living memory and public sector borrowing at record levels, leading economic historian, Dr George Maher, argues that the root causes of many of the economic disasters of our time are much the same as those of the Roman Empire.


Pugnare - George Maher's lessons from the economic collapse of Rome

Finance Business News - Savings and loans provider Manchester Credit Union has reached a milestone of 12.5million savings by its Mancunian members as it celebrates its 30th anniversary.


Manchester Credit Union celebrates 30th anniversary as savings pass £12.5M

Finance Business News - A North-East based fintech firm has been launched with the aim of digitally transforming the way private equity firms, venture capital funds and angel investment networks currently manage the end-to-end investment process.


Fintech firm digitally transforming the investment sector

Finance Business News - Financial adversity is at the forefront of many retail SME leaders agenda.


How Retail SMEs Can Transform Their Finance Department After a Pandemic

Finance Business News - With IPO s trending, it can seem pedestrian to want to retain control of your company. But there are many compelling reasons to do so. So while everyone else is listing, let s go through the reasons not to.


Why entrepreneurs should keep companies private






Ten Times Ten

We transform your bright ideas into brilliant digital products.