Understanding The Relationship Between Financial And Physical Wellness
Financial and Physical Wellness
We all know that financial stress can be a burden, but it can also have a negative effect on your health. Understanding the relationship between financial and physical wellness can help you improve both areas of your life.
Health Concerns
Financial stress often causes anxiety, depression and hopelessness, and that stress can also contribute to heart disease, high blood pressure, insomnia, more frequent colds and minor illnesses and more. Plus, many cope with financial stress in unhealthy ways, such as smoking, drinking and overeating, which can decrease overall health.
Impact on Medical Care
Often, people with financial burdens neglect important preventive care or medication regimens. While this saves money in the short term, it often leads to more serious health problems down the road—and more medical bills.
Making Smarter Decisions
Health care is expensive, but it should not be neglected due to financial trouble. Instead, there are ways to spend your money more wisely, which will improve your overall health and ease your financial strain.
- Utilize preventive care services. Screenings and check-ups can help prevent bigger medical problems (and expenses) down the road.
- Manage chronic conditions. By not adhering to treatment and medication regimens, your condition could worsen significantly. Consider
- Learn more about your employer's benefit plans. There may be cost-saving options of which you are not taking full advantage.
Coping with Financial Stress
Although the strategies above will help your medical costs and overall health, you likely still face financial worries. Here are healthy ways to cope with that stress and make it more manageable:
- Recognize your unhealthy coping methods and find alternatives such as meditation, exercising or talking with a friend.
- Take care of yourself. Get enough sleep, eat right, drink plenty of water and exercise regularly. Make time for yourself to just relax and unwind.
- Talk to an advisor regarding your financial troubles. You won't be able to fix them overnight, but having a plan of action can help you feel in control and minimize feelings of hopelessness.
This article is for informational purposes only and is not intended as medical advice. For further information, please consult a medical professional. © 2007-2009. 2012, 2014, 2017-2018 Zywave, Inc. All rights reserved.
About the Author
Share This Story
Related Blogs
Visitor Check-In and Access Control Best Practices
Visitor check-in and access control best practices are essential [...]
Making an Acquisition? Why the EMOD Shouldn’t Be Overlooked
When acquiring another company, there’s no shortage of factors to consider. From valuing physical assets to estimating potential synergies, the due diligence process can be complex. However, one critical element often overlooked is the EMOD.
2026 Employer Mandate Update
In July 2025, the IRS released new guidance increasing both the affordability percentage and penalty amounts under the Affordable Care Act’s employer mandate for the 2026 plan year. These changes will affect how Applicable Large Employers (ALEs) determine affordability and assess compliance risk moving into the next benefits cycle.