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People would rather be fat than be bankrupt

Would you rather LOOK GOOD or have a GOOD LOOKING BANK ACCOUNT OR RETIREMENT PLAN?

For some people, as Billy Crystal used to say, they’d rather LOOK MAHVELOUS – because after all, it’s better to look good than feel good.

Healthy Money Healthy You: Get Well Financially to Stay Well Physically
Healthy Money Healthy You:
Get Well Financially to Stay Well Physically

But that’s not what a RECENT SURVEY BY CREDIT KARMA found out when they asked over 2000 Americans their opinion on whether THEIR LOOKS WERE MORE IMPORTANT OR THEIR MONEY.

  • 72% would rather keep their current level of debt over gaining 25 pounds and being debt-free.
  • 62% would rather be obese and debt-free than at their ideal weight and be bankrupt.
  • 70% care about their physical health more than they care about their financial health.
  • Looks were more important than debt for younger participants in the survey.  As respondents got older, they worried more about their health than their looks.

So what do you think? Where’s your weight per dollar trade-off, where you would accept a permanent weight gain of ## pounds in exchange for cutting your overall debt load?  What’s that magic number?