Wednesday, January 09, 2008

Financial Benefits of quitting smoking

My husband has been smoke free for 1 month today! I am so proud of him. He had quit before but he is really gung-ho this time around. His smoking money came out of his "fun money" and was often a source of tension about it. (Yes I nagged him about it)

In addition to th obvious health benefits there is a great benefit to the pocketbook!

The costs add up: Cigarettes, dry cleaning, insurance -- you can even lose your job. A 40-year-old who quits and puts the savings into a 401(k) could save almost $250,000 by age 70.




1 comment:

HS @ Our Debt Blog said...

Awesome! tell him he will save close to 1500 this year!!