Health Canada recommends 60 minutes of physical activity a day to stay healthy or see positive changes.

Considering money management is as big a responsibility as maintaining your well being, the same recommendation could be made for time spent on your personal finances. Unfortunately on both fronts – health and wealth – it seems we’re simply not putting in the hours.

The Public Health Agency of Canada says 63 per cent of us aren’t active enough to achieve the health benefits we need from physical activity. And a 2009 Certified General Accountant’s Association of Canada report not only reveals that household debt is at an all-time high ($1.3-trillion in 2008), but that a third of Canadians don’t allocate any resources to savings and more than eight out of 10 households have outstanding debt.

Improving our health and our wealth isn’t rocket-science. It takes more than “burn more calories than you consume” and “spend less than you make.” But once you’ve got your system in place and know the right information, you are on your way.

Just as there are important numbers to know when you’re getting into shape – blood pressure, cholesterol level, resting heart rate, etc – there are important numbers to know when you’re looking to improve your finances. Continue reading Take care of your health and wealth →