Entirely Finance

LONDON FINANCE OPINION

Friday July 5 2019


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.


Olivia Hanlon

OLIVIA HANLON | Content Blogger and Outreach Executive




The Untold Benefits of Being Financially Stable

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.



"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








DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.






Discover the best Industry News & Opinion on Entirely















Payment Cloud Technologies

Payments FinTech


Founded in 2008 and headquartered in the heart of Londons FinTech scene, PCT excels in digital banking, prepaid and travel compensation, working with many of the world's leading businesses and government organisations. PCTs cloud based platform, digitalVISION, is reforming the way banking and payments are delivered by enabling businesses to deliver reliable, robust banking grade financial services every day. PCTs proprietary solutions can be accessed via web, mobile devices, ATM and branch.






MYPINPAD

an enabler of multifactor authentication


MYPINPAD MPP is an enabler of multi-factor authentication for unsecured touchscreen devices such as mobile phones and tablets. MYPINPAD provides a modular PaaS or customer hosted platform that delivers security with familiar and friendly authentication interfaces, including cardholder PIN.MPP operates throughout Europe Asia. With simple integration in to payment systems the Company enables acquirers, issuers, card schemes, merchants and PSPs around the world to better manage risk and fraud.






Bradley Post

Managing Director


Bradley has been with the RIFT Group since 2010, covering a variety of roles during that time including Sales and Marketing Director, and most recently Commercial Director since 2014, helping RIFT to diversify into new markets and services and leading the development of new systems and structures.






Hallidays Chartered Accountants and Business Advisors


Hallidays Chartered Accountants and Business Advisors were established in 1843 in Manchester and now situated, since 2008, in modern, purpose built offices next to the M60, Stockport and have 60 dedicated team members.






Hanley & Co Chartered Accountants and Business Advisers


Hanley & Co are Chartered Accountants and Business Advisors based in Ashton-Under-Lyne, Blackpool and Manchester. We use our practical experience (gained with over twenty years in practice) to give our clients practical, positive advice throughout the year. Hanley & Co are the 'Accountants You Can Talk To'.






RECOMMENDED FOR YOU ON ENTIRELY LONDON