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Financial health barometer ROI on your healthy habits

Tags Financial Health Barometer
Category Personal Finance Financial Health Barometer

financial health barometer ROI on your healthy habits

Happier, healthier Aussies

Out of the 2,500 Australians RaboDirect surveyed who ranked their state of being as completely happy, nearly half (49 per cent) of them bought organic food, while one in four happy people followed a diet and one-third regularly practiced yoga or pilates.

Australians are also more concerned with their weight than their bank accounts, with a quarter checking the scales once a month compared to the one in five who check their bank balance. Health seems to be more of a worry than money – a sentiment RaboDirect Head of Research and Analytics Glenn Wealands shares:

“Investing in activities that boost health and happiness, such as exercise, buying organic food and using vitamins and supplements, inevitably comes at a cost. However, by maintaining a healthy and positive approach to personal finances, an overall increase in wellbeing can be achieved,” he says.

But whats the return on investment?

Investing extra money into a healthy lifestyle to increase happiness might cause undue stress on those on a tight budget. However, you can end up saving money in the long-term if you invest in your health today.

The NSW Office of Preventative Health says every dollar spent on healthy eating and active living returns between $1.91 and $3.81. In fact, if the NSW population increased levels of physical activity by 15 per cent and fruit and vegetable consumption by 44 per cent, approximately 3,000 deaths and 8,000 new cases of disease would be avoided. At the same time, the health sector could save at least $136 million, while individual households could save about $130 million in home based activities, such as cooking, shopping, cleaning, child care and maintenance.

Healthy living might cost a little extra now, but a stitch in time saves nine. Not only do you save more of your own money, but you also reduce the burden on the public health system. Maybe it’s time to add some organic food to your shopping list and to sign up for that yoga course. The pay off could mean a happier life and a fuller wallet. 


Source: NSW Office of Preventive Health. The benefits of prevention: healthy eating and active living. North Sydney: Ministry of Health, 2015 [Summary]

Disclaimer: Any advice contained on this post is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs and because of that, you should, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs before acting on the advice.