Saving Money Might Be the Secret to Better Sleep: Study
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Saving money regularly leads to better sleep, says study
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According to the research report, the habit of regular saving, even if it is small, increases people’s satisfaction with life.
Regular saving habits, even if minimal, increase people’s life satisfaction, research reports: AFP file photo
The habit of saving a certain amount of money every month can bring a lot of peace of mind. Promotes good sleep. People can then become much more optimistic about the future. So everyone should save money regularly even if it is a small amount. A new study from the University of Bristol in the United Kingdom has shown this.
Low-income people who save regularly have the same level of life satisfaction as wealthy people who don’t save, the researchers say.
Saving money has become difficult in recent years as the prices of various items, including food, have gone up. A quarter of UK adults have less than £100 in savings, according to surveys.
6 out of 10 people have saving habit. Charities claim that even if the income is low, regular savings bring financial stability.
According to the research report published by Bristol University’s Personal Finance Research Center, the habit of regular savings increases people’s satisfaction with life.
The reason for this is also mentioned in the report. It is said that saving reduces people’s financial worries. They do not have to face debt related problems. They can handle the unexpected situations relatively well.
But the picture gets more complicated when you consider other factors, including those who have already saved and the changing circumstances of different ages.
In carrying out the new study, researchers from the University of Bristol also took into account data from some older studies. It also has 10-year savings data of thousands of people.
Researchers say that just as saving brings life satisfaction, not saving can harm mental health.
Researchers have said that other than savings, other things close to life can have a big impact on people’s minds. Things like moving house or getting married can lead to a great improvement in mental state. Events like losing a job can have a major negative impact on people’s minds.
