Recently I went to lunch with a friend of mine and the discussion of personal finance and health came up.  We actually at the time discussed two different items “personal finance health” as in the health of your finances and then “personal finance and health” as in how you financial situation can affect your physical health.

1) Personal Finance Health

My wife and I got married in April 2009 and since then we really have not really discussed finances other than opening a joint checking account.  Is this a bad thing? Maybe. But we are both financially responsible and neither of us spend too much money.

Recently we decided to make a spread sheet of all of our various accounts(savings accounts, checking accounts, 401ks, IRAs, and other investments) so we can do a month on month camparasion to see how we stand financially.

Right now on average our savings climb month over month but we really do not keep track of what our real networth is.  This is going to change.

See right now we know we are financially healthy, but we do not have an easy place to see exactly how we are doing.   Soon each month we will know our exact personal finance health.

2) Personal Finance And Health

We have some friends that spend spend spend and do not really have that good of personal finance health(see #1 above).  They are also not doing well with their physical health.  They are always worrying if they can do something because of the issue of not having enough money.

This is taking a toll on both their physical health and health of their marriage.  See if they worked on their personal finance health(see #1), the physical damage and emotional damage to their marriage would be reduced to an almost non issue.