3 Ways Keeping Fit Can Help Your Finances

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Keeping Fit

It should come as no surprise that exercise is good for your health. But did you know it’s also good for your finances? Here are three ways exercise impacts your wallet. 

1. Avoid Costly Medical Expenses

Regular exercise could keep you out of the doctor’s office for a couple of reasons.

  1. Immunity: Exercise supports a better immune system, so you’re strong enough to fight off the common cold and flu. 
  2. Coordination: Strength training also builds muscle and bone mass, while increasing your endurance, balance, and mobility. You’ll be less likely to injure yourself and require costly medical attention. 

Getting sick and hurt less often might help you avoid costly doctor’s appointments, expensive lab tests, and prescription medication, which can be a huge help to your finance.

Because let’s be honest — these fees can take a big bite out of your budget, even if your fully insured. In a state like Alabama, premiums already take up nearly 12 percent of the median household income. If you have to pay a deductible and out-of-pocket expenses before your insurance plan covers the rest, you may not have enough cash left after paying your premiums. 

Workouts can help you avoid the sniffles, but sometimes accidents happen. What then? If you don’t have enough saved up in an emergency, don’t worry. Consider looking into getting an online line of credit for help.

Some online personal loans in Alabama and other states can be a safety net for your savings. If approved, you can use an AL line of credit on unexpected lab fees, prescription meds, or a specialist’s fee that isn’t covered by insurance. 

Best of all, a line of credit won’t cost you anything until you start using it. This way, you can keep an AL line of credit for your peace of mind without getting dinged.

2. Prevent Chronic Diseases

The common cold isn’t the only thing regular exercise can prevent. You can also reduce your risk of coming down with the following chronic diseases:

  • Anxiety 
  • Dementia
  • Depression
  • Heart Failure
  • Hypertension
  • Obesity
  • Stroke
  • Type 2 Diabetes

If you think visiting a doctor for help with the flu is expensive, you may be surprised by how much pressure these chronic diseases put on your budget. They often require frequent check-ups, lengthy prescriptions, and specialized treatments. 

While an AL line of credit can help with unexpected expenses, it’s no match for these long-term medical bills. You’ll need to negotiate more comprehensive coverage, which may increase your premiums and deductibles. 

A healthier lifestyle, on the other hand, is a free way to lower your risk of dealing with chronic diseases and long-term medical care.  

3. Earn More Money

Did you know that with all your hard work sweating it out at the gym, your salary could be making gains, too? 

According to the Journal of Labor Research, people who make a regular habit of exercising earn as much as 10 percent more than their sedentary coworkers. 

Saving for the unexpected becomes a lot easier when you’re earning more, so keep this in mind the next time you want to skip the gym. A regular fitness regime may help you climb the ladder and land a better job. 

Bottom Line: Working Out Keeps Your Finances Fit

Lace up those running shoes and work up a sweat. Being physically active can help you avoid costly medical expenses and earn more money. 

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