In 1739, “Poor Richard” published this simple axiom in his annual Almanac to remind readers about the vital role that good health habits played in building wealth. In the two centuries since then, a host of research studies have confirmed what “Richard” and the rest of us have suspected all along: People who are healthy earn more money.
So if being physically fit and financially successful go hand in hand, which comes first? Does the money that wealthy people have help them stay healthier? Or is the fact that a person is healthy give him or her more stamina and mental acuity to become wealthy?
Research still hasn’t solved this “chicken and egg” conundrum. But since we know that one affects the other, why not start now to improve both in 2017?
Making your personal health and fitness a priority this year can pay big dividends over time because it helps you:
Taking more control on the financial side with the help of your advisors can also reduce stress and give you peace of mind while you improve your financial health. Some areas to explore with your Boston Private team right now:
1 Stress in America™: Paying with our Health, American Psychological Association, Feb. 2015
At Boston Private, we look forward to working with you to explore the connection between your physical and financial well-being – and to realize the full potential of your wealth. We pride ourselves in taking a holistic, big picture view of your situation and identifying solutions that address your unique and highly personal wealth management, trust, and private banking needs.