3 Ways Drinking More Water Could Improve Your Finances is a guest post by Kelly @ Health Insurance Comparison.
If you were asked how a change of lifestyle could stabilize your financial situation, you’d probably answer with: lose __ pounds, get on a regular exercise schedule, and work less while somehow managing to earn more. Unfortunately, these are often impossible to accomplish in a significant way, but not-so-surprisingly, lifestyle alterations do not need to be drastic to inversely create a better financial outlook. Take water, for example. According to Discovery News, obese people that drink just two cups before each meal are likely to lose five more pounds than those who do not. With that in mind, what exactly are the financial benefits of doing so? Read on to find out.
Cheaper than Soda and Coffee
First and foremost, let’s start with the obvious: would you rather pay less than a dollar for a bottle of water or over $4 for the average grande cup of coffee at Starbucks. Of course, other factors are likely to be taken into account—such as your need for caffeine on those early Monday mornings, that unstoppable desire to get a hot drink on a chilly winter day, a celebratory occasion that calls for your favorite selection, etc.—but the bottom line is that water is almost always cheaper than every other drink out there. Before arguing that soda from beverage fountains is cheaper than a bottle of water, it ought to be pointed out that water is an endlessly available source for rehydration and is still cheaper than bottled soda. Refillable wherever you are, water doesn’t cost a dime (unless you’re in Europe, where ordering water will tack a few Euros to your bill).
Financial benefits aside, cutting back on sugar by upping your intake of water will give you more natural energy than high-fructose drinks or coffee could ever offer you.
Lower Health Care Costs
Since we’re already talking about what’s healthy and what’s not, let’s examine the issue of health itself. Countless studies have proven that water is the ultimate sports drink, capable of both keeping you fresh and hydrated—just without all the sugar and artificial flavoring seen in other beverages marketed to the athletic crowd. Even if you’re not overly fond of fitness activities, water is still a lifesaver in terms of short and long term finances as well as your overall state of wellbeing.
Not only does water flush out your system from toxins that could lead to sickness or just make you feel lousy overall, but it gives you healthier skin and reduces your risk of heart attacks – preventing costly hospital bills in the future. It also provides cushioning and nutrients for your bones, limiting your risk of injuries – which again, lessens the amount you’ll be spending on medical bills.
While this may be non-unique in regards to the water versus soda debate, recycling offers multiple benefits: residents of select US states get cash refunds (stockpile enough plastic bottles and you could potentially bring in a sizeable sum just by going green) or you can choose the saving money route by carrying a stainless steel bottle around with you, allowing you to refill on the go. This way, you won’t need to keep buying eco-unfriendly plastic bottles – regardless of whether it’s soda or water.
Even if you choose not to jump on the water-only bandwagon, the financial benefits to be had from at least increasing your intake. Your body and wallet will thank you.
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.