The link between physical and financial health
Financial expert Jane Chatzky reviews the link between financial health and physical health and how you could be spending more money if you live an unhealthy lifestyle.
Transcript
[MUSIC PLAYING] You know that being overweight isn't good for your health.
But did you know that it's also bad for your wealth? Being overweight costs you $524 a year
if you're a woman and 432 if you're a man. And being obese costs six to nine times more than that.
There's a lot of research showing that extra weight on a person can result in more health problems and even a shorter lifespan.
That's the reason life insurance companies charge overweight people higher rates. The health complications that can come with obesity
will also drive up medical bills and out-of-pocket expenses. But that's not the only financial hitch.
Salaries for obese people tend to be lower, especially for women. And being overweight even adds to the money
that you spend on fuel costs because it costs more to run your car. If you're overweight and looking to make a change,
use your finances as your motivator. Start getting healthy today, and you'll notice that the number on your scale goes down,
and the number in your bank account goes up. How fit are your finances? Take the free money fit assessment
at sharecare.com for a personalized score and action plan for a healthy financial future.
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