You might not think there is a correlation between exercise and financial success. But, if you don’t exercise you may be negatively affecting your financial health, as well as your physical health.
How can not exercising hurt your finances? Daily physical activity lowers the risk of a multitude of ailments, from heart disease to diabetes to certain kinds of cancer. These illnesses are obviously expensive to treat, even for people who have health insurance.
Medical bills are behind more than half of all U.S. bankruptcies, and more than 75 percent of bankrupt families had health insurance at the onset of the illness. Meanwhile, a regular work-out might get you a raise. Studies have found exercise can improve your performance at work by boosting cognitive skills and productivity, and reducing stress and absenteeism.
Exercise is extremely important. Beyond helping you take control of your weight, it also manages your energy level and helps you sleep. Exercise keeps you mentally focused and builds discipline, two great habits for managing your money.
If you’re broke, it’s all the more reason to exercise. It helps lift your mood, by creating endorphins, and counter-acts any potential effects of depression or just ‘the blues.’ If you’re trying to pay the bills, the last thing you need is blues. You want lots of greens!
The less you want to do it, the more you probably should. The important thing is just to start.
Tags: bankruptcy, exercise, health insurance, medical expenses, money management, personal finances
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