Another “excuse” to live healthfully.
Thursday, October 5th, 2006With the obesity epidemic at its current rate, we can easily conclude that a lot of people have a lot of truly excellent excuses not to eat properly and exercise. In my experience, two particular excuses take the cake, so to speak: “I don’t have time” and “I can’t afford it.” These justifications seem to work wonders, trimming responsibility and slimming guilt- we all have more important things to spend our money and time on than something as fleeting and vain as health, right?
I’ll cut the sarcasm for a second. In all fairness, the perception that healthy living comes at a high price has some root in reality. Take this study by Northern Ireland charity NCH, which demonstrated that poor families frequently cannot afford balanced diets, based on the higher pricing for healthful food. And with the steep price on gym memberships and exercise equipment, many also get the impression that an active lifestyle must come at a paltry sum. Or at least the excuse sounds plausible.
But some recent economic analysis tears this web of self deception apart. Healthy lifestyles in fact save a sizeable amount of money in the longrun. Smartmoney Magazine puts an estimate on the total payoff: $84,000. Prescription medications, quadruple bypasses, and other such health care expenses cost more than fresh produce and a workout routine, as it turns out:
“According to a [RAND Corporation] study, overweight people pay 10 to 36% more a year on hospital stays and ambulances, depending on the severity of their weight problem. Smokers pay 20% more. Fitness counts too. Aging couch potatoes who started exercising at least three times a week saved an average of $2,200 a year on medical expenses, according to a recent study by Bloomington, a Minn.-based HealthPartners Research Foundation.”
USA Today also recently wrote about the financial impact of health. A few more interesting tidbits:
- People with Diabetes pay 240% more per capita on health care costs.
- A walk a day can save a middle-aged adult $50-$100 per month by avoiding the cost of blood pressure and cholesterol medications.
- The average healthy 35-40 year old American doubles his wealth in ten years; those in poor health typically see a decline over the same period of time.
It doesn’t stop there. With retirement getting financially rockier by the second, physical wellbeing has become even more crucial (and its inverse more expensive). Fidelity Investments gives a couple’s retirement a $200,000 health care price tag, not including dental care, long-term treatments, over-the-counter medications, and assisted living (which costs around $70,000/year in its own right). Fortunately, exercise and healthful eating can greatly diminish rates of dementia and other taxing age-related conditions as well as its other myriad benefits.
I believe that settles the cost-of-healthy-living dispute, to what extent the conflict even existed. As for the “I don’t have time” excuse, I have yet to find a water-tight response. I suppose one could argue that if you take the time to live well now, you’ll have more time alive to enjoy it, of course. It all comes down to what you’ll willingly invest.
This post was written by Erika Price