You read the title of this article and now you’ve clicked it out of curiosity. Yet you’re still wondering how getting more sleep could possibly be great for your finances right? Especially when many of us have heard that rich people get less sleep in order to make more money. We disagree: getting more sleep might actually have great financial benefits to you.
In this article, we’ll give you a few great reasons why adding a few extra hours of sleep will mean good news for your finances.
1. Getting more sleep means falling ill less
We all know that we should be getting an average of seven to eight hours of sleep every night. Many of us don’t realize that something as simple as getting more quality sleep helps ensure that your health is at it’s best. When you get less sleep, your immune system is weakened and it becomes easier, for instance, to catch a cold. You’ll also be at higher risk of developing more serious health issues like cardiovascular disease and obesity. Do you know what that means? Get more sleep and spend much less on medical bills!
Researchers estimate the lack of productivity due to sleep deprivation could be costing the U.S. economy as much as $411 billion.Time Magazine
2. It increases your productivity
Everyone wants to earn more money and climb the career ladder. This means being productive and getting more work done. This is where sleep comes in: getting enough sleep positively affects your productivity! There isn’t much work you can get done or tasks you can cover if you’re groggy. It also helps improve your memory and increase your accuracy too. Yup, one of the financial benefits of sleep is allowing you to be productive in order to earn more money.
3. Sleep significantly helps you manage stress
Sometimes we have very long days, other times, we have long weeks which accumulatively pile on the stress. We generally don’t notice we’re stressed until its effects are more obvious. Getting enough sleep will also allow you to manage your stress levels properly and also lower it. Sleeping will allow you to relax your body and that can effectively lower the stress level and your blood pressure as well. Once again, we see the impact that sleep has on your finances: ensuring you’re spending less on medial problems and being able to make great financial decisions too with a clear head!
Getting enough sleep can improve your life in many ways, including saving you funds. We know that it’s frequently said that CEO’s and billionaires don’t sleep much at night, but research says say otherwise. Getting enough sleep is good for your health and your finances too.
And who says you can’t make money while you sleep? A great way to grow your wealth is by putting your money to work for you by investing it in mutual funds. You can begin investing here.