Financial Wellness and Multiple Sclerosis

It is known that stress can have a negative impact on MS symptoms. While individuals may try to manage stress in their lives through exercise, meditation, or positive thinking; financial stress is something that is often swept under the rug and ignored. While ignoring the issue may alleviate the initial stress of thinking about financial matters, in the long run it is not a successful practice and often allows the financial matter to come back more stressful than the last.

Talking about money is tough, especially for those with limited incomes; but not talking about money can do more damage than good. Understanding and truly evaluating your financial situation is a great way to develop a financial plan. Awareness of the in’s (income) and out’s (expenses) can be eye opening!

The Multiple Sclerosis Association of America (MSAA) and National Disability Institute (NDI) collaborated on a series of informational webinars to assist the MS community in learning about strategies to protect and improve their financial well-being.

Through the webinar series, topics such as ‘Being Money Smart’ and ‘Working Towards Financial Wellness’ are discussed. For each topic, you can view the archived webinar and download a PDF version for future use and reference. Information can be found right on MSAA’s website at http://www.mymsaa.org/manage-your-ms/videos/financial.

What strategies have worked for you in evaluating or creating a financial plan?

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If you have Medicare, get the information you need to know:

Tomorrow, October 15th, is the first day of Medicare Open Enrollment for plan year 2014. The plan that you select now will impact your medical coverage and costs for an entire year. Don’t forget to tune in to our live Webinar tomorrow evening from 8-9PM EST for important information on Medicare Open Enrollment and specific tips for people living with MS.

To register for the Webinar, go to the following link: support.mymsaa.org/aca1

If you cannot attend the live program, don’t worry, you will be able to watch the archive and download the presentation slides from our MSi page after the live program:  http://mymsaa.org/manage-your-ms/videos/.

This year, be prepared. Learn from Medicare experts who can try to help you understand what questions to ask and how to select your best options.

 

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