6 Financial Benefits Of Exercise. How Moving More Makes you Rich.
Ever wondered what rich people have in common besides being good at budgeting and making money?
They exercise. Whether they walk, swim, or workout, they know that exercising gives them an edge.
It’s not the physical fitness that makes them rich, but moving around more certainly makes them happier.
According to a study from Oxford and Yale University. Exercise is more important to mental health than money.
So what is this hidden connection between money and physical fitness? And how can you hack your body to convert it into a money making machine?
The connection between exercise and money
There is no question that money and exercise are intimately related.
A study posted in the National Library of Medicine showed that all-cause mortality is decreased by about 30% to 35% in physically active as compared to inactive subjects.
In simple terms: If you exercise, you live longer and healthier.
If you live longer and healthier, you have more productive years and more social security checks coming your way. Basically, more income over your lifetime.
But you don’t have to wait until retirement to reap the benefits of exercising.
As soon as you start moving around more, you will experience the financial benefits.
The best part is that exercise works for any age. Whether you’re in your 20s or 30s, you’re only a workout away from improving your finances. There is no wonder why exercise is a daily habit of rich people.
So let’s take a look at some concrete reasons why exercise translates into more money in your pocket.
Benefit 1: Improved problem-solving abilities
Most people are unaware that the most important muscle in the body is located between their ears. Yes, that’s your brain.
Exercise increases blood flow to the brain.
People that exercise have more oxygen going into their thinking machines. As a result, they are better at problem-solving than their peers at work.
It’s not just the oxygen that helps. There is an entire group of hormones your body releases during exercise.
Hormones released during exercise:
- Dopamine: neurotransmitter that improves memory.
- Serotonin: helps you learn faster.
- Oxytocin: improves mood and promotes trust.
- Endorphins: your body’s own painkillers.
The hormones listed above helps you work longer hours, which can help you land a promotion faster. You can finally have your dream job because you’ll be a top performer. All that while looking and feeling your best.
There is a reason good-looking people make more money, you can look your best also by doing some light exercise.
Also Read: Money traps to avoid in your 20s | Avoid these mistakes
Benefit 2: Exercise helps you work as if you’re in your 20s
What if I told you there’s a way to turn back the clock and work as if you were in your 20s?
Exercise keeps you younger by improving your DNA. One study shows that daily workouts can slow down aging by preventing your telomeres from becoming too short. When telomeres shorten, you get old.
Imagine staying up late doing projects while still feeling energetic. Showing up to meetings on time with a great disposition. Coming up with clever solutions to issues at work. Having more energy means having more money.
You can do all of this if you work out frequently.
It’s no surprise that young people can work two or even three jobs at a time. They have what seems like unlimited energy.
If you want to have more energy, exercise is a great way to raise your energy levels and get more stuff done in less time.
Benefit 3: Fewer visits to the doctor
Exercise helps you save money by cutting on doctor’s visits. If you are a family of four, those savings compound fast.
People who exercise have a stronger immune system. Also, their bones are stronger if they include resistance training in their routine.
Stronger bones mean fewer fractures and injuries.
Even if you have a good insurance that could cover all the costs of an injury, it doesn’t account for the time you lose while recovering.
One study found that exercise adds up to big health care savings. They save between $800 and $1800 a year per person.
Clearly, moving more will keep your health spending low.
When you consider all the savings throughout an entire lifetime. It adds up.
Benefit 4: Reduced stress levels help you take on more projects
Physical activity help you release those feel-good endorphins. In turn, these hormones help you feel relaxed.
Stress is a big player in chronic inflammation, and let’s face it: nobody wants to work for a cranky boss. Or coworker.
When you work out and release all the extra stress from your life, you can take on more projects.
More projects done efficiently help you land better-paying positions.
People who smile and are less stressed in general have better relationship at home and at work.
Cultivating these relationships makes a big difference when you want to apply for a position that pays more.
Benefit 5: Improves physical attractiveness, which increases income.
It’s been proven that physically attractive people make more money. Love it or hate it, looks matter.
It’s easy to understand this dynamic if you only put yourself in a hiring manager position.
Who would you be more likely to hire?
Person A who comes to the interview with unclean hair, mismatched clothes, too shy that you can barely hear them.
Or person B who walks in confident, strong handshake, groomed hair, easy to talk to.
Which one is your first pick?
Without even knowing each person well, most hiring managers will choose person B.
People are emotional first, and logical last. The good news is that you can use this for your benefit.
When you work out, you burn fat and in turn you’ll look better. Exercising helps with your physical health, which can make a great first impression. If not for the health benefits, at least do it for the wealth benefits.
Related: Why Attractive People Make More Money
Benefit 6: Improves learning of new subjects.
If you’re trying to retain new information for school or work, exercise has to be a part of your daily routine.
People with fitness goals are able to remember information faster. They can learn new subjects better than their peers.
A study of German researchers found that high school students did better on tests when after 10 minutes of exercise that required coordination.
You have read that financially successful individuals are constantly learning.
They are able to acquire new information fast because when the body is strong, the mind is also strong.
When you incorporate exercise into your daily life, learning new things for your job or school will be easier.
You don’t need a gym membership, you can train from the comfort of your house or even in your own room.
Also Read: How To Tell If Your Partner Is Financially Stable?
Benefit: Save on health insurance costs.
Unhealthy people are expensive to treat, so insurance costs raise premiums based on someone’s physical condition.
On the other hand, I’ve seen health insurances reward people that move more.
They get better care at a cheaper cost.
People who don’t exercise tend to get diseases like high blood pressure, diabetes or high cholesterol.
Treating any of these diseases costs a lot of money.
Even the best insurances can’t save you from chronic diseases like those. But physical activity can.
How Often Should You Exercise?
Training your body it’s easy. It’s about how hard you train one time, what matters more is that you exercise regularly.
You only need 30 minutes a day, 5 days a week, of moderate exercise.
The important thing is to include muscle-strengthening exercises because they raise your metabolism.
Physically inactive people are more likely to develop osteoporosis or break a bone after a fall. Then they have to do a lot of physical therapy for recovery.
There are many training programs online for free on YouTube. Following videos is a great way to stay physically active.
You can videos for just about anything. Yoga, Pilates, bodybuilding, walking workouts.
Exercise your way to financial freedom
The connection between money and exercise can help you land a better paying job or make the most of your current one.
Everyone wants a healthy person that displays confidence and is dependable. And guess what?
You can get all three by doing a bit more exercise.
Research shows that you will be more likeable, and in turn have better life experiences.
There is really no downside to moving around more.
Life is busy for all of us. But especially for self-made millionaires who run big companies.
If they can find the time to exercise every week. Why can’t you?