A recent study conducted for Union Bank and the American Heart Association by Harris Interactive has found that consumers in debt consolidation also worry about their health taking a hit as well.
According to the survey, which was released in December 2009, 90 percent of consumers saw a link between a negative turn in one’s health and financial troubles they may be suffering from as well.
Among the biggest population segments who felt poor finances led to poor health were women (91 percent) and adults over the age of 45 (92 percent). Additionally, the survey found that while 55 percent of those between the ages of 18 and 34 rated financial fitness a higher priority in 2010, 70 percent of those above the age of 55 rated physical fitness as a priority.
"Sound financial planning and good physical fitness can make a huge impact on your overall health, so make sure to include both on your list of resolutions," said Union Bank Executive Vice President Pierre Habis. "Develop detailed questions to share with your financial planner and physician and schedule an appointment with both."
In order to avoid financial trouble, Habis added that knowing your net worth and gathering some form of estimate on retirement needs for the future were among the ways consumers could keep financially fit.