Changes to your health can have a big impact on your wealth.
You can examine, analyze and correct your own health and wealth through a three-pronged approach. First, have your health and wealth assessed by an expert at least once a year. Second, make sure you have the right professional to advise you. Third, act on the advice you receive. This third point is probably the most critical.
Parental wealth shapes a child's educational, economic, and social opportunities, which in turn affects a child's health throughout life. Both ill health and economic disadvantage worsen over a person's lifetime and across generations. The challenges young children face today - and into adulthood - may reflect a lack of opportunity for their parents
The literature also examines the contingent relationship between health and wealth and shows that
There is a big correlation between a person's health and wealth.
A wealth of evidence links more wealth to better health. Longitudinal studies have documented strong and pervasive associations between income and several health indicators across the lifespan. Although less research has been done on the relationship between wealth and health, there is growing evidence that higher levels of wealth also predict better health outcomes.
As our Small Steps to Health and Wealth™ website explains, health and wealth are linked in many ways. Adopt a healthy lifestyle and improve your chances of becoming a millionaire, according to the book Getting Rich in America: 8 Simple Rules. What should I do? Boston's recommendations are regular physical exams, quitting smoking, losing weight, exercising regularly, and reducing dietary fat and cholesterol.
In 2007, a systematic review of 29 studies found that wealthier people generally lived longer, had lower rates of chronic disease, and had better lifelong functional status. Recent research has found longitudinal associations between greater wealth and many favorable health outcomes, including lower mortality, longer life expectancy, and lower risks of obesity, smoking, high blood pressure and asthma.