The Financial Perks To Quitting Smoking

One issue that smokers should be more aware of, and that may help convince them to quit smoking, is the large amount of money that they spend on cigarettes. The benefits of quitting, not including improvements to your health, are quite enormous if you think about how much you spend on a lifetime of smoking. If you are a light smoker and average only ten cigarettes daily you will spend just over two thousand dollars a year on this bad habit. That does not include the extra cleaning bills for your clothes and car or rugs. It does not include repair costs for those times you drop ash which for many people can include clothing, carpets and the interior of their vehicles. All these things are costs of being a smoker.

A heavier smoker, twenty cigarettes daily, spends over four thousand dollars yearly on their smoking habit. That is enough for a European vacation, a new wardrobe for you and your partner, a deposit on that car you always wanted or dinner and a movie for you and someone you want to be with every Friday night for a whole year. A really heavy smoker, at least forty cigarettes or two packages daily, will spend eight thousand dollars yearly. Think of what you could buy for that much money. Think of how long it takes you to earn that much. Some people live on less than that amount per year. Let money be one of the motivators to help you quit smoking and it will be reason that is good enough to inspire you.

If you quit by the time you are thirty years old and you were a heavy smoker, you could save over a period thirty five years, not counting the interest, nearly three hundred thousand dollars. With interest it would exceed a half a million dollars. That would make for a pretty good retirement fund and you would be retiring in good health because you would no longer be smoking. Think of the places you could see the things you could do and the money you could do it with. At sixty five you could buy a cottage to retire to or just for your summers. You could travel the world and see all those places you dreamed of and the reason would be because you choose to quit smoking and enjoy life.

Another way to look at the savings would be to think about your home. If you stopped smoking, saving that money every month, you would be able to pay off a twenty five year mortgage in only fourteen years. On an average home that costs about two hundred forty thousand dollars that would save you a huge amount of interest and make your home yours just that much quicker.

There are so many good reasons to stop smoking; economics are only one of them. But if you are trying to find more reasons to kick the habit think of what you could do with the money you burn every time you light up.

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