It's World Sleep Day on the 15^th of March. While you might think the best way to celebrate is to get a good night’s sleep, for the many of us struggling with stress, it’s not that easy. There are hundreds of studies that prove that worrying is one of the main causes of insomnia. Also, many of them indicate that a particular type of anxiety – worrying about money – is the chief thief of the hours we could be dreaming.

Money worries wreck your sleep and your health

According to a recent survey performed by The Sleep Foundation, 77% of participants revealed they lose sleep due to financial stress and 41% of that group say these concerns are chronic. This is where another issue comes in – constantly worrying about money and not getting enough sleep becomes a vicious cycle as well as the perfect storm to create a health crisis.

Countless studies show that those who regularly toss and turn are at a higher risk of developing high blood pressure, heart disease, diabetes, major depression and dementia. A lack of sleep is also proven to lower your immune system making you much more likely to catch a cold or that flu going around the office and even develop auto immune conditions like lupus and rheumatoid arthritis.

You owe it to yourself to break the cycle 

There are lots of reasons to improve the quality of your sleep, from improved health to simply wanting to wake up feeling refreshed so you can make the most out of your day. But if you’re constantly worrying about finances it could feel like an uphill battle and you may even end up financially worse off if you develop an expensive health condition as a result.

To break the cycle, start at the root of the problem and prioritise mastering your money. Everyone’s situation is different so your roadmap to financial security will be unique. Perhaps your focus will be to get a handle on your debt. Maybe you’ll want to chat with a financial advisor on how to create a hardworking budget or the best way to invest. Either way, know that working towards feeling like you have more control over your money matters could pay off with improved sleep as well as reward you with better health.

MiWayLife knows that life insurance is the ultimate peace of mind

Another way to get even more peace of mind when it comes to financial security is to consider life insurance. For a monthly premium, you’ll be offered a set amount of coverage that’s paid out in a lump sum to your beneficiaries in the event of your passing. If you have a policy with MiWayLife, the cover under this benefit will grow by 5% each year. Better yet, our 4-in-1 policy also includes an accelerated funeral benefit, terminal illness benefit and funeral cover for you and your family members – all for one premium! In short, you’re investing in peace of mind that can go a long way towards easing many underlying anxieties regarding financial stress. This way, you can break free from the worry cycle and improve the quality of your pillow time!

Did You Know:

You can now take out life cover with us online in a few simple steps. No calls and no agents! Make sure to take care of those you love today by buying MiWayLife cover online.