Today’s guest post comes Dr.Jonathan. In this post he outlines how the mindset and philosophy on physical health are inline with financial health and well being. Neat stuff. Check out his bio, below and visit his site to learn more about keeping a healthy lifestyle.


My name is Dr. Jonathan Neal Colter. I was a practicing chiropractic physician in North Carolina for over 20 years. During that time I was exposed to patients suffering from various health conditions ranging from cancer, high blood pressure, obesity, diabetes, heart disease, chronic illness, degenerative arthritis and depression.
Under the current model in health care, a patient presents with a problem and the doctor addresses that problem. Twenty plus years in practice has taught me that this model does NOT help restore health to the body. This merely treats SYMPTOMS and allows the UNDERLYING PROBLEM to go unresolved.

The purpose of this blog is to expose readers to information that can help transform each of us to a new height of better understanding and self awareness. In doing so, it will empower the reader to take back control of his or her own life and recognize what it requires to truly experience GOOD HEALTH and TRUE HAPPINESS.

Follow my blog All About Healthy Choices and on Twitter


If a doctor is committed to following a lifestyle that improves their physical, mental and spiritual health, shouldn’t the same principles apply to their financial health? To answer this question, let’s look at the various steps that promote healthy living.

  • Step 1: Learn about our health needs
  • Step 2: Create a game plan to develop a healthy body and mind
  • Step 3: Implement the game plan
  • Step 4: Modify the game plan based on individual circumstances
  • Step 5: Perform periodic tests to make certain our game plan is achieving the             health and lifestyle desired.

Can we apply these same basic principles and achieve financial health?

  • Step 1: Learn about financial needs
  • Step 2: Create a game plan to develop a healthy financial portfolio
  • Step 3: Implement the game plan
  • Step 4: Modify the game plan based on individual circumstances
  • Step 5: Perform periodic tests to make certain our game plan is on target to                      achieving the financial health and lifestyle desired.

The philosophies are very similar, so why do many doctors have difficulty managing their finances? It comes down to a FALSE sense of belief that it is NOT THEIR RESPONSIBILITY! Doctors are trained to believe it is their responsibility to “be in charge” of their patient’s health. This inaccurate foundational belief creates a patient/doctor relationship frequently resulting in poor patient outcomes (chronic disease management) and similarly poor personal financial outcomes (high levels of debt.)

To correct this problem, we need to shift the paradigm. The doctor must realize it is their responsibility to TEACH THE PATIENT to be RESPONSIBLE for their OWN HEALTH. This empowers the patient and incentivizes the patient to take control and maintain their own health. The doctor begins to fill an advisory role and offers advice when the patient has questions or health concerns.

This same approach should be implemented by doctors to maintain their own financial portfolios. They can turn to fiduciary advisers (professional wealth advisers mandated to provide advice based on their client’s best interest) and slowly learn to implement a strategy that provides the financial health they seek to live the lifestyle of choice. There are many approaches with many different levels of complexity. The doctor and adviser can work together until the doctor has gained the necessary understanding (through proper due diligence) to assume responsibility for controlling the management over their portfolio. At this point, the wealth consultant can begin to fill an advisory role when the doctor has questions or concerns.

What helps motivate us to accept personal responsibility for physical and financial health? It comes down to recognizing TWO IMPORTANT FACTS:

No one cares more about your physical health than YOU!

No one cares more about your financial health than YOU!


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2 replies

  1. So true, Jonathan! It is easy to see how we should think of our health and wealth in the same way. Indeed the hardest part is accepting personal responsibility. As a nurse, I know all too well how bad it is for me to be eating donuts and coffee late at night, even worse, ordering for delivery Chinese food at 2 am. Yet I(we) do this at least three times a week! I know that it would definitely be healthier for me to eat dinner at a reasonable hour, and pack my lunch in order to save money. Eating out so frequently is expensive, so is deteriorating health! The “underlying problem” is my choices!!!

    Liked by 1 person

    • One way of helping overcome the challenges you discuss is by thinking is terms of “SELF VALUE.” Knowing the behavior is detrimental to one’s “pocketbook” as well as one’s health begs the question, “how much does a person value their life, if knowingly they regularly live a lifestyle that harms themselves?” When we begin to think in these terms, an epiphany is often realized. It helps to motivate a change in attitude and behavior; the first step necessary to transforming one’s life. Wishing you much success on your chosen path.