The High Price of Smoking

The High Price of Smoking

How the Cost of Smoking Affects More than Your Health

What if—one year from now—someone gave you $2,300 dollars to do whatever you want?

That’s how much on average you’d save if you quit smoking a pack of cigarettes a day for a year. Actually, you would save a lot more because the cost of smoking causes you to lose out in many other areas, such as:

  • Healthcare. You’ll be spending more on doctor’s visits and prescriptions due to smoking-related illnesses. And your health insurance may go up.
  • Dental care. Because smoking causes tooth stains, decay, and gum problems, you’ll likely have more trips to the dentist.
  • Life insurance. You’re sure to be charged more for premiums (almost double) because statistics show smokers live shorter lives.
  • Social security benefits. If you work less due to smoke-related illnesses, you’ll pay less into Social Security and thus receive fewer retirement benefits.
  • Home value. Smoke stains and polluted air can lower the resale value of your home by tens of thousands.
  • Car value. Smoke odors and cigarette burns on seats, etc., depreciate the resale value of your car.
  • It’s hard to rid your clothes of the signs of smoking, so your dry cleaning bill will be higher. You’ll also spend significantly more on cleaning supplies since it’s hard to rid a house and car of smoke smells and stains.

What can you buy for $2,300? Here are some ideas:

  • LCD TV
  • Beach rental, ocean view, 1 week
  • Weekly massages
  • Vintage Rolex watch
  • 255 paperback copies of Think and Grow Rich

Because the costs of cigarettes differ in each state, check out this website to determine exactly how much you spend buying cigarettes in your state per year (as well as potentially over a lifetime). Just look at the state you live in and the “out-of-pocket cost” column. Then make up your own dream list of what you’d do with all that extra money!

How have you rewarded yourself with the money you saved from quitting smoking? Let us know on Twitter!

By | 2016-05-19T18:36:56+00:00 June 27th, 2016|Motivation|