Most people exercise to lose weight, look better, or to improve their physical health. But did you know that all that stair-stepping, cycling, and weight lifting can boost your performance at work too? Time spent at the gym or zipping through the park can mean more productivity and ultimately success in your career. So, the next time you want to take a day off from rowing or racing, get motivated by the prospect of being a better worker.
You will give yourself the necessary edge to make smarter decisions, implement your tactics more usefully and productively, and stand out from the rest. Exercise is the key to not only being fit, but to becoming a force in the workforce. Here are 3 ways exercise can improve your performance at work. Get moving and move the needle!
Improves Your State of Mind
Exercise not only works the body, but it improves your brain as well. When we choose to keep our bodies healthy, it benefits our state of mind and our ability to think productively in the process. According to Carson Tate Working Simply, "People who are physically active score better on cognitive tests than people living a sedentary lifestyle."
As per Livestrong, "Regular exercise can help curb feelings of anxiety and depression. When you exercise, your brain releases serotonin that helps you feel better and improves your state of mind, making the stresses of work easier to handle."
Granted, the stressors will still exist, but with a clearer mental state, you will be able to tackle issues, break through barriers, and deal with confrontation and roadblocks more efficiently. You will be more constructive and imaginative, allowing new ideas to surface and not letting petty annoyances trip you up.
As Carson Tate notes, "When your brain is performing at full capacity, you can focus, concentrate, and make better decisions, all essential if you are going to be more effective and efficient."
Fewer Sick Days
Folks who exercise regularly are healthier people overall. And healthier people miss less work since they don't need to use sick days due to feeling run down and weak.
According to Livestrong, "Regular exercise that includes power walking, running, weight lifting, swimming or jogging can help reduce your risk of developing certain types of illness and disease. Exercise reduces your risk for developing type 2 diabetes, obesity, hypertension and heart disease – all of which can interfere with work productivity."
There are times when we don't feel like exercising, but doesn't a game of tennis sound much better than a day of a high fever and a stomach bug? Get out there and move your body to keep it illness-free and ready to get the job done. Missing work won't get you to the next level. You need to be present to be productive!
Keeps You Energized
Even after exercise, those who keep active remain full of power throughout the day. According to Carson Tate Working Simply, "Exercise enhances your body's ability to transfer glucose and oxygen throughout your brain and body, thus increasing your energy level. Your energy level is the foundation that determines how much you can get done in the day."
Whether you prefer to exercise in the morning, at lunchtime, or after work, just be sure to get that workout in. You will notice a shift in energy and alertness that will benefit your work performance. Business Insider suggests, "Instead of having caffeine, exercise. Exercising pumps more blood into the brain, helping you be more alert and focused. This means you will be better-equipped to work on a difficult project later in the day if necessary, assist a new client or employee and generally accomplish more during the day."
Exercise for career excellence. Now get moving!
When you take out a loan for a car, charge something to your credit card, or get a personal line of credit, there is going to be an interest rate that applies to your loan.
A lot of different factors go into what you will be charged, including your own personal credit score. But even those with flawless credit still see a minimum charge that they can't get around. That all goes back to the Federal Funds Rate.
One thing consumers rarely realize is that all of our banks are lending money to each other every night. Banks are legally required to maintain a certain percentage of their deposits in non-interest-bearing accounts at the Federal Reserve to ensure they have enough money to cover any withdrawals that may unexpectedly come up. However, deposits can fluctuate and it's very common for some banks to exceed the requirement on certain days while some fall short. In cases like this, banks actually lend each other money to ensure they meet the minimum balance. It's a bit hard to imagine these multibillion-dollar financial institutions needing to borrow money to tide them over for a bit, but it happens every single night at the Federal Reserve. It's also a nice deal for those with balances above the reserve balance requirement to earn a bit of money with cash that would normally just be sitting there.
The Federal Reserve
The exact interest rate the banks will charge each other is a matter of negotiation between them, but the Federal Open Market Committee (FOMC) (the arm of the Federal Reserve that sets monetary policy) meets eight times a year to set a target rate. They evaluate a multitude of economic indicators including unemployment, inflation, and consumer confidence to decide the best rate to keep the country in business. The weighted average of all interest rates across these interbank loans is the effective federal funds rate.
This rate has a huge impact on the economy overall as well as your personal finances. The federal funds rate is essentially the cheapest money available to a bank and that feeds into all of the other loans they make. Banks will add a slight upcharge to the rate set by the Fed to determine what is the lowest interest that they will announce for their most creditworthy customers, also known as the prime rate. If you have a variable interest rate loan (very common with credit cards and some student loans), it's likely that the interest rate you pay is a set percentage on top of that prime rate that your lender is paying. That's why in times of low interest rates (it was set at 0% during the Great Recession), a lot of borrowers should go for fixed interest rate loans that won't increase. However, if the federal funds rate was relatively high (it went up to 20% in the early 1980's), a variable interest rate loan may be a better decision as you would be charged less interest should the rate drop without the need to refinance.
The federal funds rate also has a major impact on your investment portfolio. The stock market reacts very strongly to any changes in interest rates from the Federal Reserve, as a lower rate makes it cheaper for companies to borrow and reinvest while a higher rate may restrict capital and slow short-term growth. If you have a significant portion of your investments in equities, a small change in the federal funds rate can have a large impact on your net worth.
Whether you're leaving a job involuntarily, departing for something new, or just want to prepare for the unknown, it is smart to understand all your options regarding your 401k.
Frugal gifting often gets a bad reputation. However, this shopping method does not make you cheap — it makes you practical. Frugal gifts often avoid waste and overspending and can be just as meaningful (if not more so) as any other present.
With the National Retail Federation predicting each consumer this holiday season to spend upwards of $1,000 on holiday gifts amidst an economic recession —this year might be the perfect time to reconsider your spending budget. We've formulated the ultimate list of frugal gift-giving ideas to get you started.