Spring 2013, Week 3

Sunday, April 28, 2013

  • Health: Use a refrigerator and microwave at work to “brown-bag it.” Eat a healthy lunch and avoid high-cost, high-calorie deli items.
  • Wealth: Once you’ve saved three months expenses for emergencies, consider investing in mutual funds for professional management and immediate diversification.

Monday, April 29, 2013

  • Health: Eat 100 calories less per day. Some easy 100 calorie targets: 1 tbsp. of mayonnaise or butter.
  • Wealth: Accumulate an adequate emergency fund. Aim to save at least three month’s expenses.

Tuesday, April 30, 2013

  • Health: Do the math! Losing 10 pounds in a year can be as easy as eating 100 calories less each day.
  • Wealth: Build wealth with good health! Spend time (e.g., exercise) and money (e.g., healthy food and check-up exams with your doctor) to maintain good physical health.

Wednesday, May 1, 2013

  • Health: Beware of “calorie creep.” Weight problems can develop gradually (e.g., gaining 5-6 pounds per year). One less cookie or slice of bread or sweetened beverage can make a big difference!
  • Wealth: Perform an annual financial review. Check your credit report and update your spending plan and net worth. For financial planning resources, see http://njaes.rutgers.edu/money/default.asp#resources.

Thursday, May 2, 2013

  • Health: Eat low-calorie portion-controlled foods (e.g., frozen entrees) with nutrition labels to help lose weight. Stock up and buy them when they are on sale to save money as well as calories.
  • Wealth: Raise your credit score by paying bills on time and limiting borrowing. The higher the number, the better. FICO scores range from 300 to 850.

Friday, May 3, 2013

  • Health: Monitor your health with regular screening tests (e.g., blood pressure, cholesterol level, and blood glucose level). Maintain good health by following diet and exercise recommendations.
  • Wealth: Buy low expense mutual funds. Look for an expense ratio that is a low percentage of fund assets such as 0.20% (1/5 of one percent) versus 1.5%.

Saturday, May 4, 2013

  • Health: Take advantage of your employer’s wellness program (e.g., fitness center, nutrition classes, flu shots, and incentives to be healthy), if available.
  • Wealth: Consider getting professional financial advice for major life changes (e.g., divorce) or decisions (e.g., receipt of an inheritance or life insurance policy).

  1. Rutgers
  2. Executive Dean of Agriculture and Natural Resources
  3. School of Environmental and Biological Sciences