Financial Effects of Smoking

Tobacco companies and government are the only ones that benefit from the sale of tobacco. Both receive trillions of wealth in a way of taxes and net profits. Smokers are unaware of the amount they spend on lighting every cigarette.     

Not only does smoking leas to financial toll, as it also consumes time. This results in sick leaves at workplace and companies incur losses due to loss of productivity. These are just some of the smoking effects.  

Next, apart from general smoking effects, the financial burden it brings in is hard to ignore: 

By lighting 20 cigarettes each day, individuals end up smoking 7,300 cigarettes yearly. Even by choosing low cost brands, they are still investing more than $2,000 yearly.  Therefore, there is not only a risk for various illnesses, but also a toll on the pockets of smokers.  

In fact, smokers can invest or spend this money in something fruitful, productive, or valuable. It can be anything such as a vacation, a wardrobe, or modern gadgets.  People, who have just taken up smoking, can save up to $12 every week by quitting the habit. The weekly smoking financial burden for a teen nearly costs the same as that of a DVD or CD.    
 
  

 

 

The amount of money a smoker spends on cigarettes affects the family’s monthly budget. In addition, reports state that if both the spouses smoke, then 15% of the earnings go up in smoke.   

 

 
Other costs having direct relation to smoking are: 

1.    Long-term smoking increases the risk of developing various smoking-related diseases, and  the drugs and treatments for these disorders are very expensive. 

2.     There is a possibility of taking time off from work due to bad health and retiring before time. 

3.     Smokers will have to pay more for insurance premiums. 

4.    Individuals will have to spend money on cleaning and redecorating the house to get rid of nicotine stains and  the smell of smoke.

 

 

 

 

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