Your Health & Your Wealth: 3 Ways To Gain Control Of Both

A stethoscope sitting on a pile of moneyDid you know that medical debt is the #1 cause of bankruptcy and homelessness in this country? There are two major problems that we all face in life: health problems and financial problems, and ironically, they often go hand in hand.

One of the most common mistakes that people make is that they assume that it cost more money to eat healthy. On the surface this may appear to be true, but when you take into account the health impacts of eating ‘dead’ processed foods, the average family spends or wastes almost $13,000 a year to be sick.

The wasted expenses include food, beverages, eating out, doctor bills, missing work, OTC medications, prescription medications, hospital visits, surgeries, post-op care. If you’re diabetic that $13,000 a year can escalate to more than $20,000 a year. Now, that may not seem like a lot of money, but over a period of 20 years, the average diabetic may spend anywhere from $250,000 to $400,000 — just to be diabetic!

Health insurance may cushion some costs, but in the long run, even people with excellent healthcare will feel the pinch — due to rising premium payments and reduced coverage for certain medications, surgeries, operations, post-op care, etc.

The Connection