How to Save Money by Getting Fit
Money Girl has 4 surprising ways that being physically fit can put money in your pocket. Plus, 3 ways to easily add exercise into your everyday life from Get-Fit Guy.
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A lot of people mistakenly believe that getting fit will drain their finances with the cost of gym memberships, personal trainers, and equipment. Turns out, that’s not true! Today, Get-Fit Guy and I will show you how to get fit on a budget by adding exercise into your everyday routine. Plus, you’ll find out how getting in shape can also be a huge boost to your financial health.
Do You Need to Get Fit?
Did you know that over 60% of the U.S. population is either overweight or obese? Not only is this a serious health problem, but it’s also wreaking havoc on our finances.
You’ve probably heard of the Body Mass Index or BMI. This number is calculated using your weight and height and indicates whether you might be at risk for health problems. According to the Centers for Disease Control and Prevention (CDC), you’re overweight if your BMI is 25 or higher—and you’re considered obese when you top 30.
Find out your BMI and other important health data using online calculators here.
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The Financial Cost of Not Being Fit
A 2010 study by George Washington University found that being overweight is expensive, especially for women who will spend $4,700 per year on medical
expenses and lost wages due to weight-related illnesses (and that’s a conservative estimate!).
So the bad news is that being overweight can cost you your health and lots of money. But the good news is that you can save a boatload by improving your health through diet and exercise.