Health

Start Working Out for Your Budget – Here’s Why

When most people get a gym membership, they do so with the hopes of losing weight and gaining muscle. But your choice to exercise can come with more than just physical results like six-pack abs and defined biceps. It can also come with some significant cost savings. 

If your health isn’t enough to get you moving, here are 5 financial reasons to get in shape this year.

1. Exercise Keeps You Out of the Doctor’s Office…

An appointment with your doctor can levy some serious costs your way, even if you have health insurance. Many people have to rely on a line of credit or credit card to handle insurance co-pays or deductibles for simple checkups and complicated procedures alike. 

Regular activity can reduce your chances of developing heart disease, diabetes, and other long-term health issues that require frequent trips to your GP. As a result, exercise might help you cut these costs and reduce how often you dip into a line of credit for unexpected medical expenses. 

2. And the Urgent Care Waiting Room 

What’s worse than hurting yourself at home? It’s dealing with the cost of your trip to urgent care, x-rays, and prescriptions, of course. Just like regular doctor’s appointments, emergency healthcare can be challenging to pay out of pocket. 

Luckily, your fitness routine can keep you out of the waiting room. Exercise strengthens your core, improves your stability, and increases your bone density. Together, these physical improvements reduce your chances of hurting yourself if you trip or fall. 

Of course, accidents can still happen. If you need to come up with fast cash to deal with a sudden trip to the ER, you can visit a website like MoneyKey for ideas. You can see if you qualify for a line of credit in the waiting room by comparing rates and conditions from your phone. 

3. You Can Avoid Taking Unpaid Sick Leave 

Everyone deserves to take it easy when they’re sick without worrying about money. But for 23% of Americans without paid sick leave, the choice to recover at home means they lose wages. These sick days can even put your employment at risk depending on the nature of your illness. 

Generally speaking, fit people take fewer sick days. How come? Research shows physical activity boosts your immune system, which may reduce your risk of catching a virus, the common cold, and even COVID. 

4. Your Fitness Journey Can Help You Quit Expensive Habits

Once you get serious about your fitness, you might consider how your habits in and outside the gym affect your overall performance. If you binge on junk foods, you might cut out these costly snacks to lose weight and build stronger muscles. If you smoke, you might decide to quit to improve your lung capacity and cardio levels. 

According to the American Lung Association, cutting the habit can save the average smoker as much as $2,540 a year, not to mention the health savings of reducing your chances of developing heart disease or cancer.

5. Fit People Earn More Money

Besides cutting costs, working out could give your income a significant bump, too. Research shows that people who exercise regularly earn an average of $25,000 more than people who never work out. Exercisers who prefer high-intensity workout routines earn an additional $13,000 on top of that quarter million!

Now, whether your income-to-fitness level falls under cause or correlation remains to be seen. But it can’t hurt to boost your activity level. Even if it doesn’t increase your salary, more exercise leads to better health, which can reduce your health costs and save money.