By Robert J. Semrad | Published January 28 2014 |
Finances vs. Fitness: Americans More Concerned With Financial Health Than Physical Health
Most New Year’s resolutions revolve around self-improvement, whether it’s bettering our bodies, our minds or our finances. But if forced to choose a priority, would you pick wealth or health?
If you’re anything like most Americans, it’s all about the money. At least, that’s what a recent poll by American Consumer Credit Counseling indicates.
Nearly 60 percent of participants reported feeling more worried about the condition of their finances than that of their physical fitness. Roughly the same number said their goals for 2014 involve improvements to both finances and health.
Amazingly, 30 percent said they would trade good physical fitness for better finances. On the contrary, less than 4 percent said they would be willing to go into debt to improve their physical fitness.
In reality, of course, health and finances are impossibly intertwined. Medical bills plunge us deep into debt and damage our credit, and debt can force us to forgo routine health care or visits to the gym in order to save money. Debt itself can harm health, as the major stress it inflicts leads to anxiety, insomnia, depression and even physical symptoms.
It’s clear that Americans are struggling to stay financially afloat. But you shouldn’t have to sacrifice your health to stay on top of your bills.
When financial problems are increasingly interfering with your life – whether its too much credit card debt, falling behind on your mortgage or drowning in medical bills - bankruptcy may offer the relief you need to get back on your financial feet.
With the burden of debt lifted, many bankruptcy clients report lower stress levels, better sleep habits and a happier outlook. And that’s priceless.
If you’ve noticed that overwhelming debt is affecting your health, bankruptcy could be the answer. Speaking to a knowledgeable bankruptcy attorney about your options can help you get started on the path to financial freedom.
If you have questions about bankruptcy, contact DebtStoppers to schedule your free personal debt evaluation with one of our bankruptcy attorneys today.
Health vs. Wealth: What’s More Important, Credit.com