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5 Steps To Ensure Mental Well Being For A Healthy Financial Future

Team BankBazaar


The recently conducted Aspiration Index Survey threw light on some of the crucial aspects of personal finance and revealed in detail how millennials view wealth, health, travelling, retirement etc. According to this one-of-a-kind survey, health is the second most important goal for Indian millennials with wealth being the first goal. Millennials rightly consider mental well-being to be equally important to physical well-being. After all, in order to race towards goals successfully and without too many roadblocks, it is important to focus on mental well-being first.

When your mental health is as stable, achieving other goals, be it buying a home, retiring early or travelling the world is much simpler. If you don’t know just how you can give your mental well-being your undivided attention, start by making time for these measures.

 Build Healthy And Fruitful Relationships

Connecting with family and friends gives you an outlet to share your anxieties, seek comfort and companionship. This support mechanism is key to tackle the curveballs that life throws your way. Make it a point to surround yourself with people who motivate you, have your best interests at heart and most importantly will lend you an ear when you need advice. Moreover, network and spend time with people who have similar goals as you do. This will keep you motivated.

Save And Invest For A Sound Financial Future

To ensure that your financial responsibilities don’t become a burden that weighs you down and to achieve goals as per the timeline you have in mind, it important for you to save and invest. Divert a significant part of your income towards savings and investment instruments such as mutual funds or PPF. You can also take help from a seasoned financial expert to guide you on this. Giving this aspect your attention will ensure that you’re not fretting over money, even when faced with an emergency.

Learn To Say No
It’s a great practice to say yes to new experiences and challenges to broaden your outlook, but your time is precious and it’s important that you spend it wisely. Don’t feel pressured to say yes to every social engagement that comes your way if you feel like it’s tiring you out. Listen to your mind and body and don’t hesitate to take a step back whenever you feel the need to.

Indulge In Activities That Promote Mindfulness

Mindfulness is developed by meditation or certain exercises that can help you focus on being observant and present in the moment. So, give guided meditation a shot or practice breathing exercises. If you seek more stimulation, take up activities such as adult colouring, pottery, gardening or cooking. You can also consider retreats that involve taking a break from social media, electronics, and appliances for a few days to reset your mind and body.

Stay Active And Sign Up For a New Course

As most of jobs culminate in a sedentary lifestyle, it is crucial for you to get the exercise your body needs. If a workout at the gym isn’t your cup of tea, take a stroll during your lunch break, follow a yoga tutorial online, sign up for a dance class or play football with your colleagues over the weekend. You can also learn how to play a sport, take a baking course or learn how to play the guitar. This way you can stimulate your mind, find a creative outlet, and boost your self-confidence too!

Make your mental wellbeing a priority by putting these considerations into practice. A healthy mind is sure to bring you that much closer to your goals.

BankBazaar.com is a leading online marketplace in India that helps consumers compare and apply for credit card, personal loan, home loan, car loan, and insurance.