The MindFault

I found an interesting piece of news that directly relates smoking cigarettes to financial health. In a study by Fairinvestment.co.uk it has been concluded that the average smoker who smokes about 20 cigarettes a day ends up spending over £2,000 pounds a year! This means that smokers usually have less money than non-smokers and they won’t be able to pay off credit card dues and Fixed Rate Mortgages amounts as easily and quickly as non-smokers.

Now £2,000 is a lot of money that would make your life much more comfortable if it was put in a savings account or if you used it to pay off any debts. Another important fact is that insurance premiums cost much more for smokers. It can even affect your car insurance since lighting a cigarette could lead to an accident. If all this doesn’t convince you to quit smoking for better health and financial stability, Yorkshire Bank reported recently that the 1.1 million Britons who quit smoking 12 months ago have saved £1 billion collectively.