Bearing the news about the nation’s financial and physical wellness isn’t always a welcome task. While finances and health may seem unrelated, the two are often closely intertwined, especially in the U.S.’s bustling, free-flowing marketplace where rising health-care costs sometimes take center stage.
The first stop on our diagnostic journey is a brief physical checkup. America’s health-care report card looks painfully bleak, but not without hope, which may provide an encouraging parallel to our financial condition.
While more than 80% of adults fail to meet basic guidelines for aerobic and muscle-strengthening activities, physical wellness appears to be rising slowly as a priority. Gym memberships, healthy diet selections, preventative care regimens, and functional medicine alternatives are gaining in popularity and becoming more commonplace in American lives.
The nation’s financial report card is showing similarly dismal results, but with renewed interest in obtaining financial wellness. Can Americans turn this corner and revive their bottom line?
Americans of all ages have been missing the mark on their financial care. More than half of Americans have no retirement savings. More than two-thirds of Americans have less than $1,000 in savings. More than a third have no money in their savings.
Can Americans salvage their economic statuses? How important is making financial wellness a priority, and what can Americans do to pump vitality into their finances?