March 31, 2017 / Published 9:30 AM EST / Rob Mann, Staff Writer
With health and money, are men too confident?
Are you sitting down? You may want to, as we’re about to reveal some shocking, life-changing news. Ready? Alright, don’t say we didn’t warn you:
Men are over-confident, and it’s hurting them and their finances.
Cue eye rolls.
Seriously. Guys, this macho confidence thing needs to stop. It’s great to be comfortable with who you are and confident in what you do, but that shouldn’t come at the expense of your physical, mental, and financial wellness. Nearly 1 in 5 Canadian men don’t have a regular family doctor (compared to 1 in 9 women), and when you consider that women live an average of 5 years longer than men, it may be time for a checkup.
The good news doesn’t stop there, either. If you happened to be born with XY chromosomes, you’re 40% more likely to die of cancer, 79% more likely to die from heart disease, and you’re more likely to live 9 years in lousy health. Still confident that you’re eating enough greens and running enough laps each week?
Ok, so men can afford to eat healthier and exercise more often, but couldn’t everybody? What does over-confidence have to do with finances? Well, studies have shown that 32% of men report a high level of financial wellness, compared to 25% of women1, but that’s contrasted by the fact that women save up to 16% more per year than men, and are 14% more likely to take advantage of pre-tax retirement accounts (RRSPs for the Canucks and 401(k)s for Americans.)
Thankfully though, regardless of your current physical or financial wellness, improving isn’t an entirely uphill battle (but some hill-sprints could help!)
70% of a man’s health is controllable through lifestyle, and small changes can make a huge difference.Here are a few easy ways to improve your physical health:
- Climb 50 stairs per day to lower your risk of heart attack by 25%
- Get 7-8 hours of sleep each night, and you’ll be 60% less likely to have a fatal heart attack than those who sleep 5 hours or less.
- Eat your veggies! It’s as simple as eating an apple, one stalk of celery, half an avocado, half of a grapefruit, and a handful of broccoli. Easy peasy.
Exercising more, eating better and going for regular check-ups can lead to more than just a healthier life: you can earn rewards (like a free Garmin vívofit 3®, gift cards, and reduced gym costs) and save money on your life insurance, with Manulife Vitality.
As for your finances, talk to a Manulife advisor to whip them into shape.
Looking for more info on how to improve your physical and financial health? Here are a few resources to help you out:
1 Manulife Employee financial wellness, March 2016