If you’ve ever doubted the connection between your health and finances, the results of a new survey might change your mind.
The study, commissioned by Northwestern Mutual in partnership with LLuminari, a network of women’s health experts, found that women who take control of their finances are healthier and happier than women who don’t.
Women who proactively manage their finances are significantly more likely to report that they are happy, confident, hopeful and in excellent to very good health. They’re also are less likely to report feeling worried, regretful, conflicted, disappointed and depressed.
According to the study, nearly three-quarters of women place a high importance on financial security, compared to 62% of men, but only 14% of women report feeling financially prepared, and are less satisfied than men with the progress they’re making toward meeting their financial goals.
The study also identified the financial habits of women who feel the most financially secure and the least stressed. The seven habits are:
1. Have a financial plan
2. Have short-term and long-term financial goals
3. Take active steps to achieve your financial goals
4. Take steps to protect your family from financial misfortune
5. Pay off credit cards every month and have good credit standing
6. Spend within your budgets
7. Work with a financial professional.
For more information about the study and a quiz on healthy financial habits: www.sevenfinancialhabits.com
Do you have financial habits that add to your stress or make life easier? Share your thoughts and tips in the comment section below. Best comment this month wins a free book.



"Living well is always in style." Author, health and lifestyle expert & advocate 




October 28th, 2008 at 12:02 pm
Always use CASH whenever possible!