Studies reveal a definite correlation between looking and feeling great, and a well-stocked bank account.

A survey conducted by TD Bank discovered that approximately 65% of their clients who were financially secure were also physically sound.

This might make more sense once you reflect on all the expensive medical costs you’ll need to settle if you’re ill.

Illnesses like flu or fever are just minor additional medical expenses in comparison to life-long or even terminal illnesses like anaemia, cancer, stroke or heart disease.

You probably cannot even begin to imagine the sky-high health expenses a smoker incurs over the course of a lifetime due to this harmful habit.

How you maintain good health for your family and yourself can be a factor when you’re looking to take out health insurance or a retirement savings plan.

The premiums and service fees you pay for such plans depend on your medical condition and medical history, including your family’s medical background.

Experts also believe that health can give rise to wealth since good health can promote positive performance in the workplace.

If you are mentally and physically alert, you’ll be more efficient and innovative at your job. This can help put you in line for promotions and raises relatively quickly as you advance along your career path.

Being rich can lead to excellent health

The Urban Institute and Virginia Commonwealth University once conducted a study that showed that the rate of health complications and early death decreases as an individual rises in socioeconomic status.

This correlation can mostly be explained by the fact that wealthier individuals generally are in a position to receive the highest education, make use of the best facilities and capitalise on the most attractive opportunities, all of which influence one’s health in a positive way.

Being well-off means that you can purchase the nicest house with the best facilities located in the most favourable neighbourhood. Your well-chosen personal space ensures your security and comfort.

An ideal community would promote health insofar as it probably offers fitness services such as a nearby gymnasium or ample space for exercise (for example, a park).

Being wealthy also means that you could be in a position to install your very own gym at home.

You would also likely be sufficiently well-off to be able to attend a renowned school offering high-quality education and services.

An ideal educational institution should encourage physical activity and hold physical education classes.

Some educational institutions have gymnasiums and even psychological units to help reinforce a student’s good health. This means that an individual may need to have the means to be healthy in terms of physique, cognition, mentality and spirituality.

Professionals such as Lauren E Storck (PhD) are currently conducting research on ways to remove or lessen socioeconomic stresses.

Anyone can clearly perceive the raised level of stress experienced by less wealthy individuals relative to those who are well-off.

Less wealthy individuals are under constant pressure to manage their financial problems as well as other issues that crop up in their lives due to a lack of money.

This stress can result in poor mental/emotional health.

It can also easily drag down an individual’s physical health as he or she might become a smoker, an alcoholic or even a drug addict.

This article first appeared in The New Savvy.

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