Financial well-being can impact nearly all areas of your life, including your physical and mental health. Even an additional $5,000 per year can give you a measurably longer and healthier life, according to Peter Muennig, professor of health policy and management at the Columbia University Mailman School of Public Health.
“Additional money adds up in terms of health and longevity,” Muennig says. “If you’re financially secure with a retirement account that’s doing well, you will probably feel more comfortable shopping at a ‘natural foods’ supermarket, and you might not take a side job or work overtime, leaving more time for exercise. Less stress, a good diet, and exercise means that you will likely age more slowly than you otherwise would have.” Learn more…