All of the info on this blog about reducing your financial risks – tailoring life insurance coverage, managing cashflow, preparing for retirement – is here for you for one reason: your financial wellness is one of the most important things you can have and maintain.
But solid financial “health” is harder to enjoy if your physical health is suffering. It’s like being all dressed up with no place to go!
In fact, 37% of US citizens surveyed said that their physical health was most essential to their financial future – even more essential than happiness (19%), security (19%), peace of mind (16%), and independence (9%).
Research in Canada has uncovered that people who are financially unwell are less likely to engage in physically healthy activities. Only 51% of the financially unwell claimed to be in good health. And to top it off, 60% of the financially unprepared delayed or even avoided medical help completely. But avoiding the doctor when you’re sick is never a good idea.
Many illnesses are easier to treat when they’re caught early – and this month is dedicated to spreading awareness about the most frequently diagnosed cancer in women around the world: breast cancer.
Somewhere in the world, a woman dies from breast cancer – Every. Single. Minute. That adds up to more than 1,400 women per day. And illnesses like cancer do not discriminate: While it’s rare, breast cancer does occur in men, too.
You can’t control all of your risk factors for breast cancer, but there are a few things you can do to reduce your risk:
- Maintain a healthy weight
- Exercise at least 4 hours a week
- Get enough sleep
- Avoid or limit alcohol to 1 drink per day
- Limit exposure to carcinogens or chemicals known to cause cancer
Any of these can be started today! And don’t forget: Talking with your doctor about your personal risk factors as well can make a world of difference for you and your loved ones.
Transamerica: “New Transamerica Survey Shows Investors Identify Health as Key Component to Their Financial Planning and Security.” 10.6.2016
Manulife: “How your employees’ financial wellness affects your business.” 2016
The Susan G. Komen Breast Cancer Foundation: “Breast Cancer Fact Sheet.” 2.2017
CDC: “What Can I Do to Reduce My Risk of Breast Cancer?” 9.27.2017