Building wealth through health and wellness

A STRONG BODY and a sound mind can do more than provide peace of mind—they also protect financial stability.

- Mhicole A. Moral

Around the world, people work long hours in the hope of reaching financial freedom. Yet, when health problems arise, the medical bills that follow can quickly erase years of savings.

Health and money are closely connected. A person's condition affects income, decision-making, and overall financial security. When health declines, expenses rise, from medical consultations to higher insurance payments. On the other hand, staying healthy helps maintain earning potential and clear thinking, both of which are important in handling personal finances.

THE PRICE OF POOR HEALTH

Chronic conditions such as diabetes, hypertension, and heart disease can drain a person's savings faster than expected. Regular medical appointments, costly hospital bills, and maintenance medicine take a large share of one's income. For many families, these expenses pile up quietly until they become a heavy burden.

The financial strain worsens when poor health begins to interfere with a person's ability to work. Someone who is frequently ill may be forced to take unpaid leaves or even retire early. A business owner dealing with constant fatigue or pain might also struggle to keep up with daily operations that might cause a slowdown in productivity.

As health conditions worsen, insurance premiums rise as well, which adds another cost to a household already struggling with medical payments and daily needs. Some families try to cut back on food, utilities, or other essentials just to afford treatments. The situation becomes a cycle that links illness and money problems together.

Health affects more than physical performance. It also influences mental clarity, which shapes financial decisions. A person who sleeps well, eats healthy meals, and exercises regularly tends to make wiser choices about spending and saving. With a clear mind, they are less likely to make impulsive purchases or take on unnecessary debt.