Physical Health Aids Financial Health
Staying physically healthy can help your financial health as well. The reduced healthcare costs, less time away from work, and more available time to pursue your financial options are all contributing factors to this relationship. However, staying healthy, particularly at this time of year, can be a challenge.
A recent article provides 6 tips to staying healthy this winter. Here’s a summary:
➢ Get a flu shot
➢ Get at least 7 hours of sleep each night
➢ Walk at least 45 minutes a day, five times a week
➢ Eat the probiotic Lactobacillus reuteri, found in Stonyfield Farms yogurt
➢ Wash your hands often, or use a hand sanitizer frequently
The last tip seems counterintuitive: “The more relationships you tap into (friends, family), the less susceptible you are to catching a cold, researchers at Carnegie Mellon University in Pittsburgh say.”
So it would seem that increased social interaction is beneficial for your physical well being. In a similar way, increased social network interaction is beneficial for your financial well being. By leveraging relationships in social networks, borrowers and lenders are able to find mutually beneficial terms for their person to person loans on Lending Club. That is one of the founding principles of Lending Club that has led to its success.
Following these tips won’t necessarily make you immune to illness, but they are proactive steps that you can take to help ensure your physical health. As we often advocate here on the Lending Club blog, taking action is often the only effective way to incite change. As such, we encourage you to be proactive in all aspects of your life that you’d like to improve, particularly your financial health.