With the rise of poor lifestyle choices in today’s generation, becoming physically and financially healthy has become challenging. People believe that physical and financial health are different aspects of life, but they don’t know that body mass index (BMI) and economic health are interconnected.
Thus, in this article, we will understand the interconnection of financial and physical health through BMI, tools that can help maintain a balance between the two.
Overview of BMI and Financial Health
Body mass index, or BMI, is a type of health metric or tool that is used to measure body fat by calculating height and weight. People might not believe it, but a maintained BMI can benefit the user in the following ways:
- Helps in guiding health and fitness goals.
- Assists doctors in assessing your health status quickly.
- Supports maintaining a healthy lifestyle.
A higher BMI indicates that a person is at greater risk of heart disease, high blood pressure, type 2 diabetes, gallstones, respiratory issues, and several types of cancer.
On the other hand, financial health refers to the condition of a person’s finances. Its components include income, savings, spending, and debt management. Excellent and stable financial health is concerned with having a stable income, manageable debt, and the ability to save for future needs.
Both BMI and financial health have a direct impact on each other. Let’s see how they both influence each other and how a BMI calculator and an income tax calculator help in this process.
How Does BMI Impact Financial Health?
A higher or even a lower BMI can expose you to several health-related risks, such as heart disease, hypertension, diabetes, etc. If you have an abnormal BMI, you are more likely to spend a considerable portion of your income on regular doctor visits, medications, and treatments, disrupting your financial health.
Additionally, an abnormal BMI can impact productivity at work because of things like weariness. As a result of your absenteeism, you can lose your source of income.
By influencing some traits that could lower success in the job market, a high BMI lowers income. For example, it has been discovered that a higher BMI is linked to lower reservation wages, higher discount rates, and poorer levels of self-esteem. Therefore, it is preferred to always keep track of your body mass index. To do so, you can use a trusted BMI calculator that determines your correct BMI levels.
How Does Financial Health Impact BMI?
Financial health impacting the body mass index is a hugely debatable argument for which various research has been done. Every research study has concluded a mixed form of results. According to research by the National Centre of Biotechnology Information, members of financially wealthy families are more likely to be obese in England. Whereas in areas like Nigeria, financially unhealthy families are more likely to develop obesity due to poor nutrition.
There is still no rigid evidence that gives a fixed way of concluding the relationship between financial health and BMI. However, it is true that financial health impacts the physical health of individuals. Taking the aforementioned research conclusion into account, it is pretty much clear that financial health impacts physical health in different ways, depending on lifestyle.
An essential component of this process can be using an income tax calculator to make sure people are optimizing their earnings and freeing up more funds for spending on health-related items.
Tools For Balancing BMI and Financial Health
To keep a balance between BMI and financial health, you can start using tools like a BMI calculator and an income tax calculator. A BMI calculator can help you keep track of your physical health. By regularly measuring and maintaining your BMI within a healthy range, you can set achievable goals, modify your lifestyle as needed, and track progress.
On the financial side, an income tax calculator can help you effectively manage your finances. Understanding and planning for one’s tax liabilities can open up funds for medical costs. For example, being aware of your tax liability can help you avoid unexpected costs while supporting improved financial planning, such as fitness centers, nutritious diets, or early medical care.
