5 Ways Your Health Can Impact Your Financial Well-Being

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Measuring the Cost of Education or HealthcareLose weight. Save more. Spend less. Be a gym rat—and actually like it.

Many people try to tackle all of these goals, and it makes perfect sense: According to a bevy of research, if you’re doing well in the health department, you’re probably in good financial shape too—and vice versa.

For example, a study out of the Olin Business School at Washington University in St. Louis found that future-minded people who contributed to a 401(k) were more likely to take steps to improve their health.

Another Duke University study found that low credit scores could be used to predict increased risk of cardiovascular disease.

These findings may seem discouraging if you haven’t been living (or spending) healthily—but researcher Salomon Israel, a coauthor of the Duke study, says there’s an opportunity to turn it around.

“It is not [necessarily] lack of exercise or poor diet, per se, that is leading to poor financial choices,” Israel says. “Rather, a person who possesses the skills to better manage their health is more likely to possess the skills to better manage their finances.”

To help you refine those skills, we’re delving into how five key aspects of your health can influence your money—from how much slumber you clock each night to whether your stress levels are in the stratosphere.

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