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The HSBC Life +Factor Study: a look at health and wellbeing

Your physical health, mental wellbeing and financial fitness are strongly interlinked

The HSBC Life +Factor Study, which looks at health and wellbeing, spoke to more than 10,000 people across Hong Kong, mainland China, the UK and Singapore. We wanted to find insights about the relationship between our physical health, mental wellbeing and financial fitness. What we learned is that these core dimensions of wellbeing are interlinked.

We asked people questions about their physical fitness, mental health and financial habits. We also wanted to know what motivates them to take care of their wellbeing and what barriers they face, especially in the age of COVID-19. The survey also included questions on societal wellbeing to understand how people give back to the community and society at large.

Here's what we learned from the HSBC Life +Factor Study

1. Your physical, mental and financial wellbeing are interconnected

We saw a strong correlation across these dimensions of wellbeing. When one aspect of wellbeing improves, the other dimensions improve as well.

2. Health truly is wealth

Financial health enables physical and mental health, but it can be hard to enjoy your financial success if you don't have good physical or mental health.

3. An emerging legacy of health and wealth

Along with passing on financial wealth, your healthy lifestyle habits are becoming an important part of your legacy.

4. Start investing in health and wealth earlier

When we asked what you would tell your 15-year-old self, exercising more, maintaining a healthy lifestyle and saving more money ranked highest in advice.

5. Healthy habits start young

Healthy habits started at a young age can lay the foundations of physical, mental and financial wellbeing in adulthood.

6. Financial planning can be a driver for wellbeing

Taking small steps to focus on long-term financial planning can have a positive impact on both your mental wellbeing and your physical fitness.

7. Healthy people create a healthy society

People who have good physical, mental and financial fitness contribute more to society.

8. Covid-19 is driving behavioral changes

Behaviours relating to health, wealth and wellbeing, as well as giving back to society, have been impacted by COVID-19 which is now among the top drivers of stress.

Information is correct as at 10 February 2022