“Your body is a temple,” is a phrase that has been etched into my mind since I was a young Beehive.
1 Cor. 3:16-17 states: “Know ye not that ye are the temple of God, and that the Spirit of God dwelleth in you?”
Heavenly Father gave us our bodies as a gift to us when we entered this world, and he wants us to take care of this wonderful gift and be healthy. Our bodies are an important step in becoming more like our Father in Heaven.
So, let’s discuss the importance of physical health, and what it can do for your financial health.
Why physical health is important
Susan W. Tanner said in her conference talk, “The Sanctity of the Body”:
Our bodies are our temples. We are not less but more like Heavenly Father because we are embodied. I testify that we are His children, made in His image, with the potential to become like Him. Let us treat this divine gift of the body with great care.
In the For the Strength of Youth pamphlet, young men and women are taught:
In all aspects of your life, seek healthy solutions to problems. Do all you can to safeguard your physical and emotional health so that you can fulfill your divine potential as a son or daughter of God.
So, what can we do to take care of our bodies?
- Live the Word of Wisdom
- Eat nutritious food
- Exercise regularly
- Get enough sleep
- Avoid harmful addictions
“Yes, this is all well and good,” you might be wondering, “but what does being healthy have to do with my finances?”
3 ways your physical health affects your financial health
If you take care of your physical body, you will be blessed in many ways. You’ll have the energy to complete your tasks, your mind will be alert, you’ll have a more financially stable retirement, and you’ll enjoy cheaper insurance rates.
1. Healthy mind, body, and spirit
When you keep the Word of Wisdom, the For the Strength of Youth pamphlet states that “you gain the blessings of a healthy body, an alert mind, and the guidance of the Holy Ghost.”
According to a 2016 study by Lincoln Financial Group, 78% of Americans who exercise at least once a week believe that they’re on the right track to financial success.
“If you have a healthy lifestyle and you feel good, you are more optimistic. That can translate to motivation to do the right things when it comes to your money,” said Eric Reisenwitz from Lincoln Financial Group in the company’s press release.
What’s more, you have more energy. If your body isn’t in shape, you’re more likely to get worn out easily, making it hard to be productive and effective with your time. This can make it harder to get a promotion or raise at work.
2. Preparation for retirement
What does your current health have to do with your retirement? Researchers at Washington University in St. Louis found that people who contributed to their retirement fund were more likely to make healthier choices right now to improve their health in the future.
You could probably say it goes the other way as well — if you’re physically healthy, you’ll likely want to save more for retirement since you’re planning for a long one.
After all, what’s the purpose of saving for retirement if you don’t have the health and energy to enjoy it?
Another correlation between retirement and health is that poor health could force an early retirement, which could drastically affect your finances. According to a study by ProNvest, 55% of early retirees cite poor health or disability as reasons for premature departure from the workforce.
Not only can such an early retirement hurt your chances of saving more for your future, but it can also mean a tougher time getting by. Don’t let the decisions you make today hurt your chances for a worthwhile retirement.
3. You may save money on insurance premiums
Most companies have realized the correlation between good health and good job performance. Employees who are healthy are more productive, happier, more confidence, and get sick less often.
Because of this, many companies offer special benefits to healthy employees. For example, they may offer wellness checks each year to determine what your insurance rate will be. They might even offer a lower rate if your health is good, or if you agree to adhere to a wellness program.
Life insurance rates are also closely tied to your health. If you’re young and healthy, you can qualify for the best rates insurer’s offer. But if you’re overweight or have other medical issues due to poor physical habits, you could end up paying more, or even getting denied outright.
The bottom line
Treat your bodies as the temples Heavenly Father designed them to be and take care of yourself. Improve your physical health and you’ll start seeing improvements in your financial health.