The Cost of Vice

Successful people don’t smoke. It may feel judgmental, but it’s true. Look at the great minds and moneymakers in our world and you’ll rarely see a cigarette dangling from their fingertips. The same can be said of alcohol and other vices. Vices are an expensive money pit that drains your time, resources and often, your financial and career mobility. Aside from the long-term health impact, letting go of your vices can be the biggest investment you can make in yourself.

 

Saving by Quitting

If you’re a pack-a-day smoker, you could save up to $4,000 a year by quitting now. Cigarette prices have risen steadily for decades and they’ll keep getting more expensive. Investing that $4,000 a year into your retirement could net you an extra $100,000 to live off of. If you drink about a 12-pack of beer at home per week, you could save over $1000 a year. If you go out every weekend, cutting out one- two weekends a month can save you thousands too. You don’t have to become a teetotaler to save big, just cut back.

 

Career Impact

Hangovers have a marked impact on productivity and it can show on your yearly review. If you’re coming in to work hungover, no matter how hard you try to mask it, your boss and coworkers will notice. They may not comment on it, but you’re not as sneaky as you think you are. Your habits can cost you promotions and other opportunities. The same goes for smokers. If you’re popping out for a smoke every two hours, your productivity can decline and others will take notice. Even if you just cut out smoking during working hours, or keep it to your lunch break only, you’ll raise your productivity and appear more professional.

 

Health Implications

Alcohol and cigarettes are known contributors to negative health outcomes. Long-term use can impact your health significantly and can cost a fortune in medical bills over your lifetime. Quitting now can reduce your risk for cancer, heart disease, pulmonary disease, high blood pressure and more. If you find yourself struggling to quit, reach out to your primary care physician to discuss options.

 

By cutting the cost of your vice, you can improve not only your physical health but your financial health too.