Understanding The Costs Of Poor Health


It shouldn’t be much of a surprise to anyone but being healthy costs you a lot of money in this country. Medical insurance, copayments, the costs of a gym membership, healthy foods – it all adds up to a significant amount of money every year. But, when you consider the financial costs of poor health, paying for your healthy lifestyle doesn’t seem quite so expensive. Let’s take a look at some of the costs of poor health, and what you can do to change things if you need to.

Unhealthy food

A study by Harvard reveals that the healthiest diet costs around $1.50 more per day than an unhealthy diet. Although it seems small, over a week, month, and year, that cost could add up to a significant amount of money, particularly if you need to watch your pennies. But, when you are eating things like pre-made meals, sugary snacks, and junk food, there are a lot more costs to consider. Junk food doesn’t fill you up properly, so you tend to eat more. Pre-made ready meals cost up to ten times the amount it would cost you to make the same meal yourself five or six times over.

Lack of exercise

You might complain about the costs of gym memberships or fitness equipment, but it costs nothing to get some exercise. Walking, running, and wild swimming is all free, other than the expense of some very basic equipment. And there is more than enough information on workouts and fitness online that you can access for free. And you have to remember that not taking exercise comes at a cost, too. You are more likely to lose days off work through illness, and your health insurance premiums are likely to be higher. And, of course, if you develop obesity or something like diabetes, it will cost you a lot more to look after yourself, too.

Accidents, injuries, and emergencies

Many accidents can occur in life which will hit your finances when you least expect it, as this blog post explains. You might lose your earning power, maybe have to spend a fortune on medical costs, and even have to make significant adaptations to your home so you can live in comfort. If you don’t have a lot of savings set aside or an emergency fund, you might find yourself spiraling into debt with no way of paying it back. It could even result in you losing your home, so it’s vital to be prepared for anything.

Bad habits

Smoking, drinking, gambling – all things that are bad for your health and cost an astonishing amount of money every year. Just imagine how much better you would feel if you quit these bad habits. And then think about what you could do with the money you save – quitting a heavy smoking habit will save you enough over a year to allow you to go on a dream vacation. Some estimates reveal that the over a lifetime, smoking can cost you over a million bucks!

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