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7 Financial Habits of Healthy and Happy People

New Study Links Financial Planning with Health and Happiness
For the majority of Americans, money is a leading cause of stress and we’re losing precious sleep over it – an average of 21 hours each month from stress.[1] The good news is that establishing a few healthy financial habits can help take money worries off your mind, reduce stress and actually improve your overall wellbeing.

According to a new landmark study, people who take control of their finances are healthier and happier. The January 2008 study was commissioned by Northwestern Mutual in partnership with LLuminari, a network of evidence-based health experts.

Regardless of income, people who feel financially secure are significantly more likely to rate their health as excellent to very good and describe themselves as happy, confident and optimistic. They’re less likely to say they’re worried, regretful or depressed. Those who are financially secure also report less stress and fewer stress-related health symptoms such as fatigue, anxiety and sleep problems. Women, even more so than men, are feeling the strain.

Learn What Healthy People Know
People who report having the best health share a few things in common. Learn about the seven Financial Habits of Healthy People and download a checklist. Take our seven Habits Quiz to find out where you are and get tips for making your financial life a priority.

 

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[1] “Stress in America,” Sept. 2007, American Psychological Association, apahelpcenter.org

   

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The Northwestern Mutual Life Insurance Company, Milwaukee, WI. Securities offered through Northwestern Mutual Investment Services, LLC, a registered investment adviser, broker-dealer, and member FINRA and SIPC.