Your gym philosophy of no pain, no gain applies to your finances, too. According to Freeletics, a fitness training app, people who make a regular habit of exercising will see a bump in their bank accounts.
According to their survey, which polled more than 1,000 participants of varying levels of fitness, people who work out regularly make $25,000 more, on average, than those people who never exercise. Those go-getters who focus mostly on high-intensity workouts like interval training earn an additional $13,000 a year.
Their study shows there’s a connection between your fitness levels and salary. But how else do your exercise habits impact your finances? Let’s find out.
Financial stress comes in many forms. For plenty of people without savings, it can appear any time an unexpected expense slams into your budget when you’re low on savings.
Has that happened to you? Maybe your car breaks down on the side of the road, or you chip a tooth. It’s stressful knowing you have to take care of these things when you have no money to spare.
If you can’t postpone an unexpected repair or dental expense, you might have to head online to investigate your borrowing options.
Online loans offer peace of mind in a tough spot, as they’re easy to find and compare from anywhere you get Wi-Fi. If approved, these online money loans float you enough money to handle your unexpected expense without delay.
Despite how convenient it may be to get cash online, you can still suffer from the aftershocks of your unexpected expense. Luckily, exercise is nature’s stress reliever. Working out produces feel-good endorphins that help you expel all your leftover nervous energy.
Nobody said the impact of your exercise habits will be entirely positive. If you aren’t careful with where and how you workout, your fitness regime could cause you to spend more than you should.
Although an at-home gym will save you money in the long run, it requires a big investment upfront. Most home gyms with basic equipment will cost you thousands of dollars at the start.
Luckily, heading to a fitness center is a little cheaper. The average gym membership costs your $507 in your first year before dropping down to $479 for every subsequent year you keep it.
Does this sound like a lot of money to stay in shape? Luckily, there are ways to keep your cardio levels up without investing a single dime. Running, cycling, and playing pick-up sports are all free ways to work up a sweat. You can also follow along with free YouTube videos that use your body weight to develop different muscles. You can join a HIIT workout, yoga, or barre class from your living room or basement.
Working out does more than just improve your endurance and strength. Your exercise habits have a strong connection to your wallet, too. Now that you know your high-intensity workout could boost your income and beat stress, you might be more inclined to commit to back-to-back burpees and speed skaters.