The connection between health, wealth, and prosperity runs deeper than you may think. Connecting health and prosperity leads to a better chance of financial security. The conjunction of financial wellness and health is significant, according to evidence suggesting that increased financial security is linked to improved physical and mental health outcomes and overall better quality of life.
Having more money does more than give you financial security; it can also boost your health. Studies show that good health, wealth, and prosperity are closely intertwined. Generally speaking, wealth is health, meaning there is a strong health and wealth connection. And this relationship has little to do with being able to afford better healthcare. Financial security may boost your mental health and overall well-being. That’s one more reason why taking charge of your financial future is important.
The connection between health and wealth
Research from the Canadian Medical Association (CMA) has shown a significant link between earning $60,000 a year or more and having good health. Results of a CMA study found that 66 percent of people earning at least $60,000 reported their health as good or excellent. Conversely, in people earning under $30,000 a year, fewer than 40 percent indicated they enjoyed good health.
Research also finds that good health isn’t just a benefit of wealth; it also can be a factor that leads to wealth. According to a 2012 study in the Journal of Labor Research, people who exercise earn, on average, 9 percent more than their less-active coworkers.
How to boost your health and wealth connection
Making positive changes — whether general, life-oriented shifts or financially focused habits — is essential to the overall connection between health, wealth, and prosperity. These changes and new goals give you something beneficial to work towards, and you can start feeling more fit immediately as you see incremental improvements. Prosperity and health start by building better habits, such as:
- Cooking healthier meals at home
- Riding your bike to run short errands around town instead of driving
- Creating a financial vision board with goals to work towards
- Learning to budget effectively
- Meditating each day
- Checking your account transactions every night
There’s no guarantee that rising early, eating right, and getting a good night’s sleep will make you rich. But the research shows that it does set you on the right track for success.