How to stay physically & financially healthy

Focusing on your health can have a direct impact on your bottom line, given the rising cost of healthcare. Poor health can cost us all — 70 percent of the more than $2.2 billion spent on healthcare every year goes toward treating preventable conditions.1

Being fit has benefits that go beyond the physical. As noted in a Lincoln Financial white paper, employees in good health miss less work and are happier in their jobs than those who aren’t.2  Healthy workers with low absence rates are also more likely to get better jobs and raises and be more financially prepared.2

Get on the path to physical and fiscal wellness with these valuable tips:

Hit the gym — with a discount

Exercise is a necessity, but gym membership fees can add up. Before you grab those free weights, do your research. Your employer may have an agreement with a local gym for discounted rates for employees, so check in with your Human Resources reps to understand your options.

If your employer doesn’t provide a gym benefit, your insurance company may offer members partial reimbursements for gym membership, provided you attend a certain number of times each year.3

Of course, if a gym membership still isn’t in your budget, running, walking and calisthenics are excellent and affordable ways to stay fit on your own.

Buy affordable, healthy groceries

Community-supported agriculture (CSA) networks and farmers’ markets have exploded in popularity throughout the country, offering fresh foods from local farmers for a fraction of fancy grocery store prices. To further avoid premium out-of-season prices, try freezing vegetables when they’re in season to enjoy produce all year long.

Take advantage of preventive care

Each year in America, seven out of every ten deaths result from chronic, preventable diseases like diabetes and heart disease.4 Take advantage of preventive screenings and services to diagnose a chronic disease early. They’re often covered free of out-of-pocket costs by health insurance companies. You may also check to see if your employer has other ways to help you save and/or incentives to stay active.

Plan ahead

There are many parallels to your health and financial future, and both require a plan. Shopping the sales at the grocery store, cooking dinner instead of ordering out, and making sure your gym bag is always in your car are ways to resist the temptation of veering off your path to wellness while helping maintain a budget.

The road to physical and financial wellness can have its roadblocks, but with a little bit of planning, you can keep healthy for yourself, your family, and your financial future.
 

1“To Cut Healthcare Costs, Companies Emphasize Employee Wellness.” Columbus CEO. November 2014. http://www.columbusceo.com/content/stories/2014/11/13/to-cut-healthcare-costs-companies-emphasize-employee-wellness.html

2”Happiness and the Bottom Life: The Happy Worker Prescription.” March 2014, researched and written by Lincoln Financial Group in conjunction with Dr. Les Kertay

3“The Hidden Financial Benefits of Keeping Yourself Fit.” Time. November 18, 2014. http://time.com/money/3573272/exercising-make-more-money/

4“Chronic Disease Prevention and Health Promotion.” CDC. February 23, 2016. http://www.cdc.gov/chronicdisease/overview/