There are millions of people in this world who can't stay without smoking. They think of quitting it taking into consideration the financial aspects but still they cannot. The smokers are not aware how much this smoking habit actually costs him. A pack of cigarettes count to $4.00, if we calculate it for a year, then it comes to $1500.
There are large numbers of hidden costs which are associated with smoking. These hidden costs include higher payments due to the risks associated with smoking. Smoking also causes a decrease in assets.
Now, I would like to tell you about some of the additional costs which are associated with smoking and if you quit smoking how much you can really save.
Life Insurance: according to statistical data, smokers die at a much younger age then the non-smokers. Therefore the cost of life insurance is very higher than those who doesn't smoke. From this, we come to know that you (if you are a smoker) need to pay thousands of dollars a year in the insurance premium.
Health Insurance: Since smokers have more medical problems than the non-smokers, similarly like life insurance premiums, the smokers need to pay much more amount health insurance premium than the non-smokers.
Health Care: Since the smokers have got many medical problems, they need to visit the doctor very frequently. So, in turn they need to spend more amounts in paying fees to the doctor than what the non-smokers have to pay. Accordingly, the smokers need to buy more amounts of prescribed medicines and in a way they spend more amount of money on medicines than a person who does not smoke. Smokers face more dental problems than the non-smokers. They have to make more trips to the dentist and have to spend more amounts of their earnings.
Home Owner's Insurance: Smokers need to pay a higher amount of premium for home owner's insurance even. Again I need to take help from the statistical data and need to say to you that comparatively there are frequent fires in a smoker's home than in a home of a person who doesn't smoke.
Value of the house: If you are smoking and that too inside the house, then it decreases the value of the house by nearly ten thousands of dollars. Smoking damages the walls as well as it leaves a stench in the carpets. Smoking even discolors the walls.
Value of Possessions: Smoking reduces the resale value of your possessions which in turn reduces the net worth of these possessions.
Car Insurance: It has been found that smokers face more car accidents than the non-smokers. So, smokers need to pay more amount of premium for their car insurance.
Car resale value: If you smoke inside your car, then it also reduces the car resale value in a similar way as the value of your house reduces if you smoke inside your house.
Earn Less Money: Statistical data shows that smokers earn 4% to 11% less money than the non-smokers. There are some companies who do not employ people who smoke. According to American Civil Liberties Union (ACLU) National Workrights Institute, there are approximately 6000 companies in US who do not employ smokers.
Less Social Security/ Pension Benefits: Since smokers earn less amount of money than the non-smokers, so they pay lesser amount of money into social security and their pensions. In turn, when they retire they enjoy less benefit of social security and pensions than the non-smokers.
Lost Interest: Since smokers spend so much money in the above mentioned areas, they cannot take the benefit of the interest they could have earned if these amounts of money would have gone into the bank savings account. If you can count the lost interest then I think it will add up to thousands of dollars.
When you look beyond the cost of the pack of cigarettes, you will find the real cost of smoking.And, if you really quit smoking then you will surely find money getting accumulated in your savings account.
At last, the most important thing about smoking: the statutory warning on the pack of the cigarette. If you can't stop smoking then maybe it may cost your life.
So, quit smoking, you will gain dual benefits:
1) Save money; 2) You will not lose your life
Why is there so much emphasis put on smokers, as to when peoiple who drink are just as bad. Drinking destroys just as much as smoking if not more so. Drinking destroys homes and marriages, and the biggest thing it kills. Why doesn't congress, senate and everyone else recognize this issue. Restaurants do not alow smoking why do they allow drinking? I am really offended as to the acceptance of drinking amungst our society. Former alcoholics should not be exposed to alcohol and neither should the younger adults and then they drive while intoxicated and have an accident come to find out someone was killed due to alcohol. Well, this is my point at least smokers can drive and not kill. Why not make an issue and discussion about all this hoopla about people drinking. Enough discrimination on people that smoke, people that drink are worse. I had much rather be a smoker than a drinker if I had to choose one of the two.
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