People almost always think about exercise and money the other way around. They want to know how to save on gym memberships to be healthier and maintain disposable income. However, it’s just as important to consider the impacts working out regularly has on your bank balance.
In many ways, the side-effects are more powerful and affect you in ways you don’t even realise. Once you understand them better, you might want to exercise seven times a week and take full advantage!
Keep reading to find out more about the relationship between money and working out.
Better Decisions
Exercise is famous for clearing the mind. This is due to a release of chemicals and endorphins that fight stress and eliminate it from your body. Throw in a couple of drops of adrenaline and your mood will be sky high! Why is this healthy? It’s because people don’t make sound financial decisions when they’re tired or stressed. It’s tough to concentrate, and the small details get in the way to the point where you can’t be bothered. By working out more often, you shouldn’t suffer from high cortisol levels, which means your ability to make informed decisions about money shouldn’t be surprising!
More Confidence
Managing your finances is about being confident. It’s one thing knowing what you should do, but it’s another to take the gamble. After all, there is always a risk involved. For example, when you invest, you never know if the ROI will be high or breakeven as there are zero guarantees. Yet, without a diverse portfolio, it’s hard to increase your wealth and level-up. The happy chemicals from exercise lend a hand in this area since they do more than make you smile. Endorphins reinforce your decisions because you’re less likely to overanalyse small details. Plus, the motivation high after completing a 10k run means you can do anything!
A Little Help?
Even though exercise boosts confidence levels and makes you more independent, it also teaches you the benefit of a spotter. Whether that person holds the weight bar as you attempt a PB or hits the treadmill with you, they are there to help. The same logic applies to your finances. Credit cards and payday loans exist because they are designed to assist people in times of need. It’s human nature to try and do everything alone, especially if you don’t want to be vulnerable, but you have to open with your finances as it’s not always plain sailing.
Peace Of Mind
Finally, when you go to bed at night, you won’t toss and turn thinking about the future. Instead, you’ll fall to sleep a happy and content person since exercising eliminates anxiety. Being anxious is bad for your finances for several reasons, including the fact it limits your thinking. However, more than that, it eats away at you every moment of every day. Removing yourself from the situation is almost impossible when you’re anxious, which is essential when money is tight. Otherwise, you’ll only fall into depression as you’ll never see the light at the end of the tunnel.
This is a collaborative post.