Health and financial well-being are closely related. People with financial instability often develop significant health problems, and likewise, significant health problems can lead to financial instability. The ability to maintain good health is partly happiness and partly healthy choices. A well-functioning health system is also vital.
A basic understanding of what it takes to maintain good health goes a long way in improving your chances of financial security. Member of the CNBC Financial Advisor Council Dr. Carolyn McClanahan – Who is the founder and director of financial planning at Life planning partner, A member of the National Association of Personal Financial Advisors (NAPFA), the Financial Planning Association, and the American Academy of Family Physicians, asks questions to understand how general health problems and health policies can affect finances.