Whether you’re working on your health or your finances, self-improvement is all about practicing positive behavior.
Before joining the Ellevest team, I worked at Weight Watchers. The two companies may seem very different, but when you think about how they serve people, they actually have a lot in common.
Both organizations work to help people achieve their goals.
And whether that goal is to maintain a healthy weight or to retire comfortably, I’ve heard over and over again that getting started is the hardest part. That’s why enlisting support—from Weight Watchers or Ellevest—is a great first step.
You tell us where you are and what you want to achieve, and we give you a detailed plan that can get you going right away.
Setting specific goals, instead of generally saying you want to “lose some weight” or “save more money,” helps focus your efforts and track your progress. With weight loss, you aim to shed 10% of your pounds to maximize your health benefits. With money, we recommend saving 20% of your salary because people who do are better off financially, especially when it comes to retirement.
You also have to be realistic about your timeframe. People want to see immediate returns, but slow and steady wins the race. You can’t expect to drop 75 pounds in a few months, just like you can’t expect your portfolio to grow every single month. Instead, at Ellevest, we concentrate on growing your portfolio over a long time horizon to reach your goals.
Consider that you make more than 200 food decisions a day. What you have for breakfast, whether you’re going to have a snack, if you have a slice of cake—each choice weighs into your progress. The same goes for your money. Every time you swipe your credit card, add money to your retirement account or buy a stock, for example, it impacts your whole financial picture.
Once you successfully get started, making good choices that help you stick with your plan will come more easily. They become part of your routine. Then, when you skip those unhealthy snacks or frivolous purchases, you won’t even feel like you’re making sacrifices. Your positive behavior will be all about living your better life.