(CLEVELAND) — Everyone knows exercising is good for your health, but what few of us may realize is that it’s also good for your pocketbook.
According to Vasilios Kosteas, the lead author of a new study out of Cleveland State University, people who exercise regularly earn 9 percent more pay on average than those who can’t be bothered with working out.
Other studies have made similar boasts but without clearly explaining a cause-and-effect connection. In attempting to prove his thesis, Kosteas used a statistical technique called propensity-score matching that takes numerous factors into consideration such as age, education and if a study subject played high school sports.
Long story short, the researcher says his results reveal that exercising can result in higher pay although he’d like to do follow-up studies just so there’s no doubt about it.
Meanwhile, Kosteas says he can’t guarantee exercise will put more money in everyone’s paycheck but there may be other rewards such as lowering healthcare costs or remaining healthy enough to stay productive as you age.
Copyright 2012 ABC News Radio
Cristina Alesci Seth Fiegerman and Charles Riley, CNN
Susie East, CNN
Sarah Anderson, Deseret News
David Goldman, CNN