September 30, 2017 Harvey Brown 0Comment

According to American Lung Association, 20 minutes after quitting smoking your heart rate drops to a normal level. In ten years, your risk of dying from lung cancer drops by 50 percent, and in 15 years you are no more likely to develop heart disease than a non-smoker. These statistics show just a few of the many health benefits of quitting smoking. However, most likely you already know that quitting smoking improves your health. But you may be unaware of how quitting smoking improves other aspects of your life, like your wallet.

When you grab for a pack of cigarettes, you may not think about how smoking negatively impacts your finances. The less money you have saved, the less opportunities that you have available to you. Before you take another puff of that addictive cigarette, take a look at the ways that it financially handicaps you.

Monthly Income

Most packs of cigarettes (which contain about 20 cigs) sold in the USA average out to about $5. Many smokers go through a pack in a day or two. If they smoke a pack every day, this averages out to about $35 a week, $140 a month, and $1,680 a year. That may not seem like a lot but think of what you could put that money towards instead.

  • A new car
  • A Forever21 shopping spree, which involves using additional coupons to save
  • Saving up to move out
  • Part of a college fund
  • Part of a house payment
  • A new computer
  • A domestic trip
  • A trip abroad
  • Home repairs

The list goes on and on. The part of your  monthly wages that you use for cigarettes could go towards funding one of your dreams.

Medical Expenses

Smokers pay more in medical bills, premiums, and medication. Smokers are at a higher health risk than non-smokers so insurance companies charge accordingly. Additionally, smokers often experience smoke related illnesses, which cause them to have surgeries and take certain medications. A few of the illnesses that smokers are at a risk of developing are lung cancer, diabetes, liver cancer, and heart disease.

Smoking also lowers your immune system’s ability to fight off infections and colds. This means you will end up having to pay more for flu medicine and antibiotics. Smoking also causes fertility issues, especially for men. Therefore, if you’re planning to have children and continuing to smoke, you will probably have to seek a fertility specialist, which will cost tens of thousands of dollars.

The desire to smoke produces many medical burdens that could end up costing you anywhere from $1,000 to $150,000 in medical expenses.

Common Smoking Costs

Smoking also costs you in little common everyday ways. Many bars and establishments have a no smoking policy. If you’re caught smoking, you risk a huge fine. In addition, if you really want to smoke inside a bar, you have to travel to very niche places that charge more than the average bar or restaurant.

Smoking also lowers the resale price of your car and home. Smoking leaves an odor in homes and vehicles that is hard to remove. It also discolors wallpaper and paint. You could lose thousands trying to resale property that you have smoked in for years.

Cigarettes also leave an odor on your clothes. This increases your laundry bill each week or month; you also may need to replace wardrobe that just can’t seem to lose the smokey smell.

Smoking may be enjoyable but it is not only causing you health issues, but hurting your financial stability. Isn’t it time you consider freeing yourself from your nicotine addiction?