Healthy Body, Healthy Mind, Healthy Finances

We live a society rather obsessed with good health, given our gym memberships, nutrition and dietary consciousness, the general availability of superb health care and medical research labs at every major university. There’s a proliferation of data on the human body available too, and now these metrics have been applied to a new parameter – our financial outlook.

There’s a proliferation of data on the human body available too, and now these metrics have been applied to a new parameter – our financial outlook.

Recent scientific research appears to indicate that enjoying good physical and mental health correlates with a positive financial status. A state of poor health seems to match with a deterioration of personal financial conditions.

The Impact of Exercise on Your Finances

Exercising regularly is quite difficult for the majority of today’s employed population. You may be surprised to learn just how exercise can help improve so many other aspects of your life besides your financial condition. Exercising will enhance your cerebral ability, vigour, self-confidence, concentration and stress management – the result of which makes itself apparent in your financial state. Regular exercise strongly activates your mental agility, increasing your memory capacity, helping you focus and empowering you to make better financial decisions.

Increased brain activity brings with it an increase in physical energy. This means you won’t feel so fatigued and disinterested in making rational choices. Working out regularly will raise your self-esteem and confidence as well. You will generally be more satisfied with yourself. You will be better able to trust your instincts and choices.

Impact Of Your Health On Your Finances - Be Healthy and Wealthy

A high level of self-esteem can lead to better stress management as you’ll be able to tackle obstacles (especially the financial ones!) with determination and a positive attitude. When you exercise, you’ll be aiming to increase your body’s fitness. Therefore, you will find yourself eating less fatty foods and saving more money.

To develop a regular exercise habit, create your own gym with a few pieces of gym equipment or just stick to simple forms of daily exercise. Simple exercises can be jogging, stretching, yoga and so on. This doesn’t mean that you should start going on crash diets or taking health supplements.

6 Economical Ways For Women To Get Fit Today!

These things will eat up your money more than they would produce effective results. Just distribute a minimum of two and half hours of exercise weekly over the course of several days.

The Impact of Negative Emotions on Your Finances

People say unfavourable experiences in life are valuable in motivating us to fight for what we truly desire. Still, too many negative emotions can be harmful to both your fitness and your finances. Too many adverse conditions like stress, depression and nervousness can severely drag down the state of your health.

A poor state of health can lead to increased medical expenses, higher absenteeism in the workplace, a decrease in the quality of work produced and an inability to follow instructions accurately. In order to strengthen your mental state,  you may have to spend money on anti-anxiety/depression pills, counselling, bingeing on food and exploring some shopping therapy. Moreover, you may ruin your potential to earn more money from your profession.

How To Save Money On Food & Grocery Shopping

In additional to exercising, you may also have to learn to improve your attitude, take up a hobby, talk to a close friend or relative or clean/reorganise your home to better manage pessimistic feelings. If your stress seems to stem from your debt burden, explore the following recommended method. Begin by jotting down all your debts in order starting with those carrying the highest interest rate, ending with those with the lowest interest rate. Do your best to repay the one with the highest interest with whatever you can possibly afford and as fast as you possible can. Continue with this method until your entire list of debts is completely checked off.

Begin by jotting down all your debts in order starting with those carrying the highest interest rate, ending with those with the lowest interest rate. Do your best to repay the one with the highest interest with whatever you can possibly afford and as fast as you possibly can. Continue with this method until your entire list of debts is completely checked off.

The Impact of Nutrition on Your Finances

Eating lots of oily and fatty foods will definitely take a toll on your fitness and pull down your financial standing. If you’re an employed woman, you probably have a difficult time cooking fresh meals every day. However, you should realise how unhealthy it is for your and your family when you decide to eat out at a restaurant or bring in microwavable frozen meals to heat up.

By eating fresh and healthy at home, you save the half of what it might cost you to eat out. Incidentally, studies at Oxford University’s laboratory discovered that rats who were exclusively fed fatty diets displayed decreased mental activity compared to those without fatty diets. These fat-fed rats exhibited characteristics of having shorter memories. Decreased brain activity means that you will most likely be making more unwise financial decisions.

Impact Of Your Health On Your Finances - Be Healthy and Wealthy

You must design a healthy diet for yourself. Following your template will get you to develop nutritious eating habits. Try to enjoy fresh home-cooked meals as often as possible even if the logistics prove to be difficult. Not only will you be saving money but your own good healthy future as well. Snack on healthy items such as fruits and nuts throughout the day whenever you get hungry.

The Impact of Sleep on Your Finances

Sufficient sleep is crucial for anyone who has been working hard. Constantly staying up late or surviving on fewer than four hours of sleep each night will cloud your ability to think clearly and logically. The result is heavy drowsiness to the point that it’s not unlike being drunk after having consumed excessive alcohol. When in such a state that the decision-making process can only be a poor one, most people will enter into unnecessary financial obligations and often waste their money.

It is of vital importance that you improve your sleeping habits and patterns. Attempt to go to sleep early at night and wake up early in the morning to complete your pending tasks. If you find yourself often pulling a late-nighter, try to gradually get your sleeping pattern back to normal. If you have trouble falling asleep early, read a book (hard-copy book, not an ebook!) and avoid staring at the illuminated screen of your smartphone or tablet.

Although Harvard University suggests that a healthy amount of sleep is somewhere between 7 to 9 hours, you might have to settle for 5 to 6 hours of sleep if you have some daunting tasks on your slate. In this case, try to take as many 10-minute power naps as you feel you need. These may boost your rational thinking ability for a while.

Biggest Financial Mistakes Women Make – Avoid Them

Recommend0 recommendationsPublished in Food & Health
SHARE
Previous articleBenjamin Loh, Public Speaking Coach, On Being A Better Public Speaker & Overcoming Fear
Next articleSingapore Brokers – Commission Fees, Benefits & Trading Platform
C.E.O @ The New Savvy
Anna Haotanto is passionate about finance, education, women empowerment and children’s issues. Anna has been featured in CNBC, Forbes, The Straits Times, Business Insider, INC and The Peak Singapore. She was nominated and selected for FORTUNE Most Powerful Women conference in 2016 (Asia) and 2015 (San Francisco, Next Gen). Anna has 10 years of experience in the financial sector and is currently a Director in Tera Capital. Her previous work experience includes positions at Citigroup, United Overseas Bank, a regional role in Business Monitor and a boutique private equity firm based in Shanghai. She graduated from Singapore Management University (Finance and Quantitative Finance).