See how you could benefit your body, while upping the change in your back pocket at the same time.

For many of us, the new year often begins with good intentions and a handful of new year resolutions, which may or may not begin right on 1 January. You might be working toward the day you return to work, or sometime over the next few weeks.

Whatever your start date, if you’re like many Australians, your plans for the year ahead revolve around health and money, with data showing that popular pledges for 2018 include things like quitting smoking, cutting down on takeaway, drinking out less, and paying off debt1.

The good news is, findings from comparison site Mozo reveal that those who persist in these areas could potentially save more than $20,000 a year2. We check out some of the figures.

Ways to boost vitality and save

1. Chuck the ciggies

If your parents, partner, friends or kids haven’t given you enough grief about this one already, the potential savings to be made could be the motivation you need. Apart from the obvious health benefits, a pack-a-day smoker (assuming a pack is around $35) can burn over $12,000 a year3.

2. Cut the boozy nights out

When you add up the drinks, bar snacks and Maccas or kebab run on the way home, these nights out can end up costing quite a bit. On a good note, cutting out just two nights of drinking a week could save you around $4,000 over a 12-month period4.

3. Ditch the takeout for something home cooked

Have you ever added up what you spend a week on takeaway food? Figures reveal you could save around $3,000 annually by swapping three takeaway dinners for home-cooked meals—plus, a further $2,400 by taking the leftovers to work, rather than buying a $10 lunch at the café down the road5.

4. Write your grocery list and stick to it

Over a 12-month period, Aussies will waste more than four million tonnes of food, enough to bridge the gap between here and New Zealand three times6. Having a grocery list based on what you need and plan to cook means you can avoid buying too much, as well as food that’s not that good for you.

5. Opt for water over the takeaway coffee

Your intake of coffee might not be a bad thing, but giving up even one takeaway coffee Monday to Friday could save you around $1,000 a year7. Plus, substituting this with more water might be a good idea, as water has numerous benefits when it comes to your health and body8.

6. Combine exercise with your social life

Rather than meet up with friends for a beer, wine, greasy burger, hot chips or all of the above (as good as it sounds), swap that for a scenic walk or swim at the beach with friends. If you’re pet-less and have a mate with a cute dog that can come along with you, that might help too.

Meanwhile, if you’re able to stick to this plan and haven’t been using your gym membership that much, opting for a DIY-fitness plan, and cancelling any unused memberships could save you around $800 a year9.

7. Skip public transport and walk to work

You might not be able to walk all the way, depending on where your job is located, but you may be able to shave off some of what you pay on public transport by walking or riding your bike part of the way, while getting some exercise at the same time.

Extra motivation

These ideas might not be anything new, but when you see the figures and realise the potential savings you could make, you might be more inclined to stick with healthier habits, particularly if it means the end reward is enough money for a European holiday or another goal you’ve been working toward.

Source: AMP.

1-5, 7, 9 Mozo media release – New Year resolutions could bank an extra $30K in 2018
6 www.foodwise.com.au/foodwaste/food-waste-fast-facts/ – table 1
8 www.betterhealth.vic.gov.au/health/healthyliving/water-a-vital-nutrient – section 1

Discover the benefits of a privately owned Licensee.

DOMINIC BENTLEY

CWP Wealth

“I have been with Capstone for over three years and have found them refreshing to deal with. They help you become the best version of your business. I can wholeheartedly commend Capstone to any planner.”

PAUL BRONSON

Bronson Financial Services

“At a time of industry upheaval, the support of Capstone has been a godsend. Everything they promised they delivered.If you are looking for a new licensee you cannot beat the Capstone service offering."

JASON DUDENAS

Canyon Financial Planning

“Capstone Financial Planning should be at the top of your list for a Licensee. Grant and his amazing team give a down to earth and personalised approach to supporting practices.”

MORGAN COLLINS

Lane Financial

“Capstone have some of the highest quality individuals in their team and it’s a pleasure to benefit from their insight and assistance. We really can’t recommend them enough to anyone considering a licensee.”

HELEN STEVENSON

Strategic Retirement Solutions

“I recommend Capstone to any adviser seeking to 'go out on their own'. They are a fabulous licensee!”

BOB CHEN

Everalls Wealth Management

“With Capstone I can operate my business free from conflict. They have no in-house products, a flexible APL, and an extensive list of SMA solutions. I recommend Capstone highly.”

JEANETTE SCHRAM

Nett Assets

“I can highly recommend Capstone for planners seeking an independent licensee that’s not in your face but provide quality support services. Their service and support is second to none and has allowed us to concentrate on providing our clients with a premium level of service.”

BEN DREW

Paradigm Principle

“Having been with Capstone for a number of years, one thing that really stands out is their willingness to help and can do attitude. These are qualities we really appreciate.”

JOEL BONES

IEC Advisory

“The team at Capstone are all genuinely really good people. They are remarkable with their service culture. They really do care what you think, and they are genuine about our joint success into the longer term.”

BEN MARSHALL

Benchmark Financial Planning

“During times of change, it has been reassuring to be with a licensee that regularly engages with advisers and takes feedback seriously.”

FIND A CAPSTONE ADVISER

PROUDLY ASSOCIATED WITH