Getting fiscally fit Mar 03, 2014, 8:20 am By Heidi Carmack Pfaffroth

 By Kristen Allen

Every New Year, the treadmills at the gym fill up with people determined to get physically fit. The goal of physical wellness is one we’re all familiar with, because each of us senses that we’ll be in a better position to reach all our goals in life if we maintain our physical health. But, of course, overall wellness extends beyond physical fitness. The individual who experiences general well-being has found an effective balance between physical, emotional, environmental, financial, intellectual, occupational, social and spiritual wellness.

As a financial institution, Bank of American Fork is in a unique position to influence the wellness of our customers, with specific regard to their financial health. We take that responsibility seriously, because we believe that when your finances are in order, the other elements of general wellness are more easily managed.

But making healthy choices in life can be challenging. Just as we aren’t always mindful of how our poor dietary choices are affecting the health of our bodies, we also tend to be only semi-conscious of the fact that our unhealthy financial diet can negatively affect our overall well-being. But the truth is that financial stress can cause our relationships to suffer, weaken our ability to cope productively with stress and decrease our productivity at work. With so much of our general wellness riding on it, it can be a profitable exercise to examine our personal financial health a bit more closely. 

In today’s economy, however, it’s easy to become overwhelmed as we dig into the reality of our financial situation; it’s not surprising that money is the number-two cause of stress among adults in the U.S. (behind job-related stress), as well as the top predictor, by far, of divorce.

With that in mind, you may be wondering how to achieve fiscal fitness, especially in a climate where 76 percent of Americans admit to living paycheck-to-paycheck, and where the number-one financial concern among working adults in the U.S. is not having enough emergency savings for unexpected expenses. It can be difficult to know where to begin—sort of like setting a goal to run a marathon, after years of living the life of a couch potato.

Just like running 26.2 miles would require a plan of action and consistent training, creating a healthy fiscal plan and dedicating yourself to your financial goals will make all the difference.

Whether your financial concerns are about budgeting, debt reduction, retirement planning, saving for college, buying a home or simply creating a savings plan that makes sense for your life circumstance, fiscal fitness is not out of your reach, and it’s not too late to get started. You can achieve the financial health you need to manage your budget, investments, the monetary effects of significant life events and create a plan for life’s curveballs.

You can attain financial health, and it is our priority at Bank of American Fork to help you do it. Absolute integrity is one of our core values. That’s why every product we develop has your financial needs and health in mind, and is designed deliberately to avoid “gotchas” and traps. Also because what may be “healthy” and financially safe for one person may not necessarily be the best fit for someone else (just as dietary and fitness plans differ from person to person), we have a variety of healthy financial services and processes in place to ensure that we can meet the specific financial-health needs of each individual.

Whatever stands between you and financial wellness, let Bank of American Fork help. We know that whatever effort it might take to get your finances under control will be worth it to you and your family. If you have questions about your finances, or would like to understand how our products can help you create a healthy plan for your money, visit one of our 13 full-service branches or call us at 800-815-BANK. We are committed to providing you with safe financial services that will help you achieve your financial goals, and lead you to peak fiscal fitness.

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4 Responses to Getting fiscally fit

  1. pearl afton miller says:

    I would like to know how to use Money Manager. I’ve used it a little, but would like to understand how to take better use of it, and anything else that might make me more fiscally sound.

    • Heidi Carmack Pfaffroth says:

      Hi Pearl! Your comment did go through, we just have to approve the comments before they appear. I’m excited that you want to learn more about Online Money Manager- I use it personally and love it. What type of learning works best for you? I can send you links to articles about OMM, I can get you in touch with someone in customer service that can walk you through some features over the phone or you can visit a branch near you and use the kiosk while an associate in the branch helps you to learn some features. Do any of those sound like they’d work for you? Also, I’ll be sure to pass your feedback on and let you know if we ever do an OMM in-person seminar again.

  2. pearl afton miller says:

    I just sent a comment. Did it go through?

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