Eric Murray: Stay physically and mentally healthy during the economic correction
December 28, 2008
We are all feeling the effects of the economy, but there are certain basics we shouldn’t neglect that affect our health and well-being. Reducing stress is one of the most significant and challenging things to control. Proper diet and exercise including adequate hydration as well as proper sleep also make up fundamentals necessary to stay in control of one’s quality of life. But there are other factors to consider when weathering this economic storm.
GIVE: We all admire people who live by the credo “it’s better to give than to receive.”
Not surprisingly, charities across the nation are experiencing significant declines in donations. Health care charities and animal shelters in particular hurt the most when the need is the greatest.
The results are that fewer people receive detection and treatment of disease, further exasperating the financial burden on individuals and society at large. More animals in shelters are put down, sooner.
Give to these causes and you will be saving the lives of humans and pets while contributing to the recovery of the economy. The benefit is gaining the confidence you need to face our new world and its economic challenges.
AVOID SIN STOCKS: Don’t over-buy into the industries that notoriously make up what is known as “sin” stocks ” alcohol, tobacco and gambling, among others. Consider the negative physical, psychological, environmental and social impacts of the increased consumption of these products and services such increased crime, cancer and other diseases, domestic abuse and addiction.
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Basic consumer behavior during economic downturns is for us to not only hold on to our vices as if they were necessities, but to also increase their consumption. Needless to say, excessive consumption of any of these “sins” does not benefit the health and well-being of individuals. Their consumption creates long-term effects that cost society in the end by having to treat the subsequent long-term health conditions.
Also consider the detrimental impacts of the investment side. Unscrupulous stock investors know this human behavior to be fact, so they invest heavily to the consumers’ demise. Then they sit back, watch the consumers enter slaughter houses like cattle, and then laugh all the way to the bank. If you are in a position to invest, research responsibly and pick stocks that benefit the health of humanity.
Also, consider patronizing local businesses and projects to have an immediate impact on your community.
KEYNES ECONOMIC THEORY: If you are still secure in your job, then spend a little for the sake of the entire economy ” your intelligent spending creates jobs and the cycle is stimulated. This is basic Keynesian economics and it is exactly what both political parties are doing right now with the bailouts to get us out of this situation.
This encouragement to spend includes getting basic health check ups and tests by your family practice physician and medical provider. Do not deprive yourself or your family of basic health care now. Illness and disease have a tendency to get worse and more expensive if not treated in a timely fashion.
We are all having to take account for our behaviors now more than ever. The report cards are out and we have to kick ourselves into gear by living responsibly every day. Consider these perspectives of how to properly spend the money we have, treat yourself right and eventually benefit.