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People Are Interested in Financial Fitness More Than Physical Fitness, Survey Says

Thousand Oaks, Ca — More Americans will make financial fitness a priority over physical fitness in 2008, according to a recent survey.

In the survey, 67 percent of Americans say saving more money is a top New Year's resolution while 57 percent are committed to becoming physically fit. Of the 1,002 adults surveyed, more people believe financial fitness is more important than physical fitness, yet 46 percent of those surveyed believe they are financially fit. Respondents agreed that developing consistent and disciplined behaviors is the reason why becoming financially and physically fit is so difficult to achieve.

“I believe there is a strong correlation between financial security and physical and emotional well-being,” says Melody Alderman, a licensed clinical psychologist in private practice in Woodland Hills, CA. “People who save money on a regular basis, regardless of the total amount they have in the bank, are less likely to battle anxiety, depression and have money be an issue in their relationship. In my view, the results of the survey are an indicator that people are finally putting financial health on par with physical health.”

Also in the survey, 51 percent of married people believe they are physically fit, while 39 percent of married people believe they are financially fit. On the other hand, 49 percent of unmarried people believe they are physically fit, and 50 percent of unmarried people believe they are financially fit.

The survey was conducted by InsightExpress for Countrywide Bank.

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