Archive for the tag - money

How Much Does Eating Healthy Actually Cost?

Dear Davey,

I really want to improve my diet, but I’m on a tight budget. I know that I need to lose weight and eat better, but I don’t think I can actually afford it.

From,
Dan

For Skinny Athletes How to Gain Weight HealthfullyHey Dan,

There are certainly plenty of ways to eat healthy on a budget. Doing things like buying in bulk, buying foods that are in season, growing vegetables and stocking up on frozen veggies and fruits all can help.

But let’s not beat around the bush. Healthy diets do tend to cost more money. In fact, the Harvard School of Public Health released a comprehensive study about the cost of healthier foods. Researchers concluded that the healthiest diets cost about $1.50 per day more than the least healthy diets.

While $1.50 per day doesn’t sound like a lot of money, it actually is. On planet earth, 2.7 billion people live on less than two dollars per day. And when you multiply $1.50 by 365 days, eating healthy costs nearly $550 per year. For people that are trying to make ends meet, this number can be insurmountable.

Why does eating healthy cost more? Researchers suggest that existing food policies focus on inexpensive, high volume foods which has led to a complex network of farming, manufacturing and transportation infrastructure that favors high processed foods. Just look at the shelves of a typical grocery store and you’ll see the proof.

But it’s also worth noting that obesity accounts for 21% of U.S. healthcare costs. In fact, an obese person typically incurs medical costs that are $2,741 dollars higher than non-obese people.

In other words, the bigger, long-term picture is more complex. And while you may pay more in one area of your life, you’ll likely save more in another. Of course, when you’re living paycheck to paycheck, thinking long term is a luxury that not everyone gets.

I always say… do the best you can, where you’re at, with what you’ve got.

Love,
Davey

P.S. If you do want to make an investment in yourself and shed excess body fat, download The Davey Wavey Weight Loss Program. Use discount code “youtube” to save 25% during checkout.

Exercise Without a Gym Membership: 9 Tips.

Dear Davey,

I recently moved with my partner to a larger city. While eventually I plan on joining a gym, moving is expensive and it’s just not possible right now.

What would you suggest I do? I don’t want to lose the progress I’ve made, but I simply can’t afford a gym right now. Please help!

Sincerely,
Nic

Hey Nic,

Thanks for your email and I understand your situation. While living in New York City during university and working an unpaid internship, I found myself in the same situation. Fortunately, the City of New York offers fitness recreation center memberships through it’s Parks & Recreation department. For about a hundred bucks, the facility wasn’t fancy – but it got the job done.

If you city or town doesn’t offer a fitness recreational centers, there are plenty of other inexpensive or free options to stay fit and active. Here are a few ideas.

  1. Use your bodyweight. Bodyweight exercises like push-ups and pull-ups don’t require fancy equipment or gym memberships. Unfortunately, your results may eventually plateau as it’s difficult to progressively increase the amount of resistance your working against; your bodyweight is your bodyweight. Nonetheless, it’s a great way to stay active and it can produce great results – especially for beginner exercisers.
  2. Go outside! I love working out in parks and public spaces. Playgrounds – in particular – can present a wide range of exercise activities. Moreover, you don’t need a treadmill when you have sidewalks or running trails. Make the most of the great outdoors!
  3. Join a sports league. Not only are sports leagues a lot of fun and a great way to meet people, they’re inexpensive and can provide a fantastic workout. Most cities have sports leagues and they’re welcoming of all fitness and ability levels. It’s a win-win situation.
  4. Use a workout video. I created a line of Davey Wavey exercise videos to show that it’s possible to get a phenomenal workout without leaving your home, office or hotel room. Guided by trainers and fitness professionals, exercise videos can help get your heart pumping and your muscles moving. And, they’re much cheaper than a gym membership.
  5. Build a home gym – using Craigslist. While home gym equipment tends to be expensive, there’s no shame in buying second-hand. Craigslist is often chuck-full of used and dusty gym equipment that needs a little love – and it tends to sell for pennies on the dollar. If you have the space, build a small home gym of your own.
  6. YouTube it. Search YouTube for some at-home exercise ideas. My Davey Wavey Fitness channel has a bunch of at-home workouts that you can try – and there’s a lot of great, free material out there. Just make sure you trust the source.
  7. Make use of promos. Many gyms offer free trial periods. Though it’s not necessarily a sustainable or reliable way to get fit, it can certainly buy you some time while you prioritize your finances. Be careful to read the fine print.
  8. Public courts. Your city or town almost certainly has public courts for basketball, etc. Take up tennis as a new sport this summer. While reserving a court is free, you’ll probably need to provide your own equipment.
  9. Ask your healthcare provider. Many health insurance programs offer reimbursements or discounts for gym memberships. It might not be a huge discount – but it will certainly help!

While joining a gym can seem expensive, it’s worth noting that it’s more of an investment than an expense. The upfront cost of a gym membership is certainly less than what you’ll pay in healthcare expenses related to a sedentary lifestyle, decreases in longevity or a deteriorating quality of life. Indeed, there’s a hidden cost of not investing in your health – and it’s one that has a way of catching up with people. I’d suggest that most people can’t afford not to workout.

Having said that, getting in shape doesn’t need to break the bank. And, as you know, not having a lot of extra cash isn’t an excuse for doing nothing. If you have any additional ideas for an inexpensive or free workout, then please share them in the comments below!

Love,
Davey

Do People Who Exercise Make More Money?

When it comes to exercise, I’ve heard all the excuses. And a lot of them have to do with money.

Here’s a common one:

Joining a gym, hiring a trainer or buying a workout program are expensive. I don’t have that kind of money.

Or:

If I spend time at the gym, it will take time away from my job. I need to put in all the time I can to get ahead.

But a new study is calling these excuses into question. Published in the Journal of Labor Research, the study found that regular exercisers make more money than their non-exercising counterparts. And the difference isn’t small.

According to researchers, the wage increase for regular exercisers averages 6% – 10% – with frequent exercisers making even more. That translates to several hundred thousand dollars over the course of a lifetime. The study even concluded that non-exercisers often receive a pay boost when they begin exercising.

Clearly, a number of factors can be at play here. In-shape people are considered more attractive by society – and there is a well-documented link between attractiveness and increased wages. One study found that attractive people make, on average, make 3% – 4% more than less attractive people. But beyond attractiveness, exercise has a number of deeper benefits than can impact a person’s job performance. Exercise results in increased energy, focus and decreased stress. These benefits can translate to huge advantages in the workplace.

The researchers recognize that more research is needed on the subject. But what do you think? Why do exercisers make more money? And are these findings motivation enough to get you off the couch and moving?