Quit Smoking

You want to save money but you smoke cigarettes.  One article shows some staggering life insurance premiums.  Depending on age and gender, smokers can pay as much as four times as much in Life Insurance premiums.

Let's say that through your company, a non-smoker pays $200 per month for health insurance.  Nonsmokers typically pay a 20% penalty.  That's $480 per year.

Let's say that you smoke a pack of cigarettes per day, and that cigarettes cost $7 per pack of 20.  You're spending $2555 per year.

If we disregard the life insurance element, the risk of cancer, emphysema, heart disease, longer recovery time from illness and life insurance cost and focus strictly on cigs and health insurance, by quitting smoking, you save over $3000 per year.  HERE is a cool calculator.  There are a number of good books and resources HERE.  Always read reviews before buying something.  If it seems gimmicky, it probably is.

Sincerely,

The Frugal Maestro