[OC] How many dollars can you save by quitting smoking for 10 years (1 pack per day)
Posted by Interesting_Home_889
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[OC] How many dollars can you save by quitting smoking for 10 years (1 pack per day)
Posted by Interesting_Home_889
12 Comments
Incredible how cigarettes are the only product on earth immune to inflation.
I like the message but I’m not sure if a graph is needed for a linear increase.
Cigarettes are *very* expensive in Alaska. One of the things that pushed me to quit was how much money I was spending on cigarettes. I was smoking 1 pack a day and I quit on 5/31/2021. That’s 3 years and 8 months. That means I’ve not smoked ~1335 cigarette packs and at $12/pack, that’s $16k I’ve saved.
Where you live in the US where a pack costs 6$?
Now with compound interest effect…
In 2035 would be around 68k if you were to invest those savings monthly and get on average 8% returns. Assuming 3% inflation, that’s 50k in today’s buying power.
I don’t smoke but why am I still poor?
I quit smoking almost a year ago, 1 pack/day, almost $13 a pack. What I spent on cigarettes now covers my truck payment.
Now do the price of a drive through burger habit
Linear bar graphs are not beautiful.
But think of all those pension contributions you won’t have to make if you’re smoking all your life.
But think of the money you’ll save by reducing your potential lifespan by 20 years!