There’s nothing like getting your blood pumping in a good exercise routine. It’s good for your body, good for your brain and even better for your bank account — and here’s how.
In today’s episode of Your Money Minute with Tracy Stewart, CPA, I want to talk about how regular exercise can help you save money. That Stationery bike or jazzercise class will help you stay active and healthy, but the impacts go beyond those benefits and extend to your wallet.
By staying healthy, you will naturally have fewer doctor visits — which will certainly save you some money. When you exercise, these happy, little chemicals called endorphins are released, and they help you process information better, make better decisions and avoid impulsive behaviors. So imagine being in the grocery store and strolling past the impulse section… The exercised-you is more likely to dodge those candy bars and magazines because your impulse control and decision making is stronger.
If working out alone just isn’t your style, try connecting with a friend or getting involved with a group exercise class. Community can be very good for your fitness — and it can help you stay active and accountable. You can also use an app, like Packed, to get rewards (and even punishments) when you don’t meet certain activity goals. Now how about that for a challenge?
Financial independence is unbelievably liberating. Keeping your body in shape helps your mind — and there’s nothing better for your money and long-term financial stability than a sharp mind.
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