The Link Between Health And Financial Wealth - Arrest Your Debt (2024)

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Are you taking care of yourself physically? The link between physical health and success in this world is a strong one. With increased physical health comes more clarity and a sharper focus in your daily activities.

As you know, taking care of your finances can be a difficult activity. It requires you to deal with the bills and the debt you have today while also thinking about the future and retirement.

It requires multitasking and ambition as well as a great amount of self control to curb your spending habits.

This constant juggling can become overwhelming even when we focus all of our attention on our finances.
I am the type of person who is incredibly focused and driven. When I have a goal, I will put on my blinders and ignore absolutely everything until I achieve it.

While this does help me achieve my goals, I tend to ignore other things that are as much, if not more important than my goal.

Ignore Your Health, Ignore Your Wealth

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When I first started this blog, I pumped out a new article every day for 2 weeks straight.

I was so goal-oriented and excited about this project that I stopped doing my normal routines to have enough time to write. For example, I would usually work out at the gym while my daughter was at swim practice, but I found I could write an entire post in that amount of time if I skipped the gym.

I was doing well for the first couple of months and didn’t mind skipping my normal gym routines. Add a couple of more months on to that, and now I find myself wearing tighter pants, and my energy is starting to decrease. If you’re like me, when I stop going to the gym for an extended period of time – I tend to start eating more junk and totally go overboard.

I also noticed I was having trouble coming up with ideas to write for this blog. It wasn’t as easy to sit down and bang out a quality post that could add value to others. I even started to “feel” unhealthy.

A few weeks ago, I noticed all of these symptoms slowly creeping up on me, and I finally recognized it was due to my lack of exercise. So, in the past few weeks, I have started going back to the gym, and I have cut back on my posts. Instead of every day, or every other day, I now upload a new post 3 days a week.

I would still love to be writing every day and adding new content to this site, but if I don’t take time out for myself, I can tell the quality of my content suffers.

Since I have returned to the gym, it has been easier to write with clarity and develop ideas for topics. I am starting to feel better, and my anxiety levels have decreased.

Yes, believe it or not, with someone who seems to have it all together like me – even I deal with anxiety.

Maybe I should start writing about mental health in the future…

Physical Exercise And Goals

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As a finance blogger, I have to throw a quick disclaimer out there. This does not give you an excuse to go out and spend $150 a month on a fancy gym if you are in debt.

You can start by walking or jogging around the block or doing push-ups and sit-ups at home. That is just as good as the gym, I promise!

Diet And Clarity

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I feel like this is turning into a health and fitness blog! But, unfortunately (or fortunately), our physical bodies are so intertwined with our mental health and clarity that we can not ignore our diet and exercise if we hope to accomplish our major goals.

Like how we buy too much junk, which puts us in a bad financial situation, we also eat too much junk. Easier said than done, right?

A month or so ago, I was on a sugar binge. I rarely eat candy, but I couldn’t get enough of it in the past month or so. At work, the secretary has a bowl full of candy that I have to walk past every day, which is a real test of my willpower.

Unfortunately it has been a losing battle because I just love those sour gummy worms….

Since I started working out again a few weeks ago, I have found it easier to avoid grabbing those worms as I pass by her desk. The increased exercise also increases willpower and the ability to avoid temptations I previously gave in to.

Reference your diet, force yourself to get back to eating healthy, unprocessed foods. If you don’t buy it, you can’t eat it at home. I have had to make several changes recently because of the bad eating habits I had developed. I would have dinner with the family, go to the gym, and then come home and watch Netflix with the wife before bed.

Guess what routine I found myself doing while watching Netflix? You guessed it; I found myself snacking. Not necessarily because I was hungry, but because it was routine. Eating right before bed is a terrible idea!

New Routines

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As you move forward to your financial goals and examine your monthly budget and spending habits, I encourage you also to examine your physical health (or lack thereof) routines.

When was the last time you exercised? If it has been a while, intentionally set aside some time to go for a walk or a light jog. There are multiple free workout apps you can download that will help keep you motivated.

I have used apps like “30 days to 6 pack abs” and other daily exercises that force you to come back to them each day. Force yourself to schedule time to exercise – your body and mind will thank you.

With an increase in mental clarity and physical health, you will have even more drive and ability to destroy yourdebts and achieve financialindependence!

Thank you for taking the time to connect with me, and I look forward to hearing about your new workout routine!

Have you noticed a direct link between your mental clarity and physical health? Keep moving forward, no matter how many steps you are pushed back. You can do this, my friends, and I will be right here with you! If you haven’t already, please subscribe to my blog by entering your email below!

The Link Between Health And Financial Wealth - Arrest Your Debt (2024)

FAQs

How is financial status related to health? ›

High levels of financial stress manifest through physical symptoms like sleep loss, anxiety, headaches/migraines, compromised immune systems, digestive issues, high blood pressure, muscle tension, heart arrhythmia, depression and a feeling of being overwhelmed.

Why is financial health important? ›

Your financial health takes into account several factors of your personal finance situation (like your net worth, credit score , debt , savings , retirement fund , etc.) to provide a holistic look at how prepared you are to meet different financial needs.

How does finance impact people? ›

Stress over money has been linked to heart disease, diabetes, migraines, sleep problems, depression and more. These conditions can lead to serious, high-cost medical problems which can, in turn, lead to even more financial worry and instability.

How does money help your health? ›

If your financial wellness is low and you have high financial stress, you're twice as likely to have poor overall health. Experts also found that you're four times as likely to get some sort of condition. Often, these new health issues lead people to spend even more money on medical needs.

Is there a connection between health and wealth? ›

Health and Wealth: A Positive Correlation

Wealth and income are positively correlated to healthier living conditions, access to better health care, lower stress, fewer chronic health conditions, and lower levels of depression.

How can illness affect a person financially? ›

At the same time, if working, earnings are likely to be reduced at some point if unable to work a full day. For some, a chronic disease can cut short a career. This means less income to support a family, but also creates a negative impact on retirement savings.

Why is health more important than money? ›

Health and wealth are both important, but health is often seen as more important. This is because without good health, it is difficult to enjoy the benefits of wealth. For example, a person who is rich but has poor health may not be able to enjoy their wealth due to illness and disability.

What is the 50 20 30 budget rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What causes financial insecurity? ›

The causes of financial instability

Financial instability occurs when shocks to the financial system interfere with information flows so that the financial system can no longer do its job of channeling funds to those with productive investment opportunities.

Can finances cause depression? ›

Having financial problems can increase depression — and when you have depression, it can be incredibly challenging to focus on budgeting or taking the necessary steps toward shaving your spending. Depression symptoms can include: low self-esteem. changes or disruptions in sleep.

Can financial stress cause health issues? ›

They can lead to relationship problems, physical health problems and mental health issues, such as depression or anxiety.

Is anyone else struggling financially? ›

If you are facing financial stress right now, you are not alone. According to a recent Ramsey Solutions study, 34% of survey respondents indicated that they were either facing financial struggles or were actively in crisis.

What is financial anxiety? ›

Financial anxiety, or money anxiety, is a feeling of worry about your money situation. This can include your income, your job security, your debts, and your ability to afford necessities and non-essentials.

What are the physical symptoms of financial stress? ›

Financial worries can clip your wings and cause you to withdraw from friends, curtail your social life, and retreat into your shell—which will only make your stress worse. Physical ailments such as headaches, gastrointestinal problems, diabetes, high blood pressure, and heart disease.

How does economic status affect health? ›

Socioeconomic factors affect one's ability to engage in health activities, afford medical care and housing, and manage stress. For example, employment provides income, which enables access to housing, education, childcare, food, medical care, and other needs.

What does financial mean in health? ›

Key Terms and Definitions

Financial Health: One's ability to manage expenses, prepare for and recover from financial shocks, have minimal debt, and build wealth.

How do financial statements determine financial health? ›

Before a company can prosper in the long term, it must first be able to survive in the short term. The two most common metrics used to measure liquidity are the current ratio and the quick ratio. A company's bottom line profit margin is the best single indicator of its financial health and long-term viability.

How do finances affect quality of life? ›

Quality of life is strongly associated with financial factors beyond the basic necessities of food and shelter. More money often means access to greater comfort, freedom from many anxieties, and an optimistic outlook for the future. Inevitably, job satisfaction is a key component of quality of life.

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