Sunday, 25 April 2010

Don't Eat All The Pies

According to the Yahoo!Finance site, not only does being good looking help you to earn more, but being thin helps too.

A study by the Ohio State University Center for Human Resources Research found that the obese accumulate only about half the net worth of non-obese Americans, and gender and ethnicity make a big difference. Overall, a one-point increase in body mass index dropped net worth by $1,300. But wealth increases are nonlinear; that is, a 10-point change from a highly overweight reading means much more.

Now for earnings: The Ohio State study found that a typical woman earned $314 less annually for every one-point increase in BMI while a male counterpart earned $161 less. Another study by a New York University sociologist found that, for women, a 1% increase in BMI led to a 0.6% decrease in income, a 0.4% decrease in job "prestige" and a 0.35% decrease in the likelihood of marriage. To keep this simple, assuming this is true, just a one point increase in a man's BMI could lead to a drop in savings over 30 years by as much as $10,700 (assuming a 5% annual return if these earnings were not otherwise lost), while for a woman, a savings impact of over $20,000.
To please Anonymous and satisfy his desire for figures, from now until the end of July, I shall update at least once a week with my weight - the idea being that by going public with the numbers, I will be extra motivated to hit my goal of 13.5 stone (189 lbs). The trading lifestyle isn't conducive to good health but I'm told (thank you dear) that it's important.

Starting weight 15st 4lbs (214 lbs). Oink oink.

1 comment:

Anonymous said...

Probably the only figure you haven't inflated :)