Financially Fit! 3 Ways Managing Your Money Can Be Like Getting in Shape


financially fitBlood, sweat and tears. O.K., maybe not the first part, but for anyone who’s made it a goal to get in shape, these words can often come into play when you’re kicking off a new exercise regimen.

But what about if you’ve made it your goal to finally get your finances in shape?

Well, it turns out that becoming physically and financially fit are actually complementary goals—at least according to one Washington University study.

Researchers found that people who adequately planned for their financial futures by contributing to a 401(k) plan were more likely to take care of themselves physically than those who didn’t—and they were healthier overall, to boot.

In making sound decisions when it came to their money and their body, people showed that they were willing and dedicated to making a long-term investment … in themselves.

Of course, whether you’re endeavoring to shed 20 pounds or save $20,000 for a down payment on a home, you can’t reach healthy results without some serious elbow grease—and the right mindset.

So read on for some good strategies you can consider for strengthening both your fitness and financial game—along with the skinny on the one ingredient that’ll help keep you on the road to success.

RELATED: 9 Easy Money Moves You Can Make in 10 Minutes or Less

  • Paula

    Very insightful article. Thank you for taking the time to research and write it.

  • facepalm

    Really enjoyed this article. We all have lapses, and this really helps provide some “quick wins” to get back on track when we have those struggles – finances & fitness – related.