Do you understand how your health can affect your finances?


Health and financial well-being are closely intertwined. People with financial instability often develop significant health issues, and likewise, significant health issues can create financial instability. The ability to maintain good health is part luck and part making healthy choices. A well-functioning health-care system is also vital.

A basic understanding of what is required to maintain good health goes a long way towards improving your chances of financial security. CNBC Financial Advisor council member Dr. Carolyn McClanahan — who is founder and director of financial planning at Life Planning Partners, a member of the National Association of Personal Financial Advisors (NAPFA), the Financial Planning Association and the American Academy of Family Physicians — shares questions to help you understand how common health issues and health-care policy can affect finances.



Source link

Discover

Sponsor

Latest

2020 Mercedes AMG G 63 Driveway Test | Options, prices, photos, impressions

A 2020 Mercedes-AMG G 63 starts at $157,445 with the $995 destination fee included. We recently had a tester with a sticker price...

Ford tells employees buyouts are coming as it aims to cut white collar workforce by roughly 1,400

Ford started resuming vehicle production in the U.S. on May 18, 2020 with new coronavirus safety protocols such as health assessments, personal protective...

Mystery Illness Strikes Hundreds in India

Dec. 8, 2020 -- More than 300 people in...