Follow us on Pinterest
Welcome! Log In | Register |
Log In with

The $13,000 Habit You Should Kick Now

  • Comment Comments (1)
  • Print Print
Consider this a FITNESS intervention. One in every five women -- even those who exercise and eat right -- is a smoker. We've amassed an information arsenal to help you quit, including the latest research and the most effective therapies, plus a little math that'll take your breath away.

The $13,000 Habit You Should Kick Now

Let's say I have a $700 check inscribed with your pretty li'l name. In order to cash it in, all you have to do is quit smoking. Might sound like a gimmick, but the offer is legit. The average U.S. smoker spends more than $700 a year on tobacco products, and that's just a slice of the price tag.

In a 2004 study, economist Jay Zagorsky, PhD, a research scientist at Ohio State University, investigated the impact of smoking on wealth in almost 9,000 people born between 1957 and 1964 -- the first generation warned by the Surgeon General about the dangers of tobacco use. Zagorsky estimated that nonsmokers' net worth is roughly 50 percent greater than that of people who smoke less than a pack a day and nearly double the wealth of those who light up a pack or more daily. Frequent blazers can expect to lose more than $8,000 during a 13-year period, and light smokers more than $2,000. Additionally, each year of smoking causes net worth to fall by an extra $410. And figuring in inflation and the rise of state cigarette taxes, smoking will only become more costly in the future. (As of January 2007, the median cigarette tax by state was $0.80, but Congress continues to consider raising the federal cigarette tax from $0.39 to $1.)

What do you think of this story?  Leave a Comment.

What do you think? Review this story!
a3984502 wrote:

I tried to quit smoking many times in my life and each time failed. I tried therapy, nicotine patches and pills but nothing worked. One day my friend referred me a guide called "Quit Smoking Strategy" which helped her to quit. So I gave it a try. Unlike the usual scare-off tactics, the guide helps you to quit peacefully. Now I am smoke free for the last 6 months and I recommend it to anyone who wants to quit smoking:

7/2/2012 05:34:00 AM Report Abuse

Add your comment

You must be logged in to leave a comment. Register | Log In

Please confirm your comment by answering the question below and clicking "Submit Comment."

Todays Daily Prize
More Smart Savings
Fitness Magazine on Facebook