4 WAYS TO SAVE MONEY BY LOSING WEIGHT

The most important benefit of losing weight is better health, but there’s a secondary perk that may keep you motivated to either start a program or stay the course. Many studies have shown that people with a healthy weight enjoy more financial rewards than those carrying extra pounds. Here are just a few ways you can fatten your wallet just by reducing the number on the scale:

–Reduced or eliminated medications. A common go-to treatment for chronic conditions like hypertension, type 2 diabetes, and high cholesterol, is prescription drugs. But losing weight can reduce or eliminate the chronic conditions associated with obesity, thereby reducing or eliminating the drugs used in their treatment. And fewer drugs means lower pharmacy expenses.

–Reduced insurance premiums. It’s estimated that individuals with obesity pay double the life insurance rates of those at a healthy weight. There are also increased health insurance rates associated with obesity by about $1000-$1500 per person. But according to the National Business Group on Health, some employers offer insurance incentives to join a weight loss program and reach and maintain a healthy weight. The accumulated insurance rate savings here could be significant for you and your family.

–Fewer trips to the gas station The estimated additional cost spent on gasoline for those with obesity is $1 Billion. The extra fuel is required to support additional weight. The simple formula to save at the gas pump is to shed pounds.

-Lower clothing costs. Did you know that the cost of retail clothing for those suffering from obesity is an estimated $30 Billion more than that of healthy weight consumers? In other words, you can save a bundle in wardrobe expenses by reducing your dress or pants size. The added bonus is how rich you’ll feel inside looking in the mirror.

If you think about it, losing weight can get you that much closer to the financial freedom you may be reaching for. It may actually be the easiest way to add more cushion to your savings while exponentially improving the quality of your life. Are you ready to start losing and saving? You can start today?