So you want to be a millionaire? If you smoke or are thinking about it – I will give you at least $1 million reasons not to start. For the sake of discussion, I am going to use me as an example. I have smoked for over 20 years and frankly I enjoyed it. It wasnt until I finally got it through my head about the health risks to me, my family and the rising costs that I finally decided to quit.
You all know or should know about the health risks and I will not rehash it. What I want to talk to you about is the financial impact. I smoked 2 packs of cigarettes per day and on a good Friday night out on the town it could sometimes be as much as 3 packs.
Ok.. here it comes. Two packs of cigarettes per day at an average cost of $3.50 per pack multiplied by seven days equals $49.00 per week or $2555.00 for one year. Now lets take a teenager at age 18 who starts to smoke and lets also assume they were to stop at age 65 on retirement which is 47 years. 47 years x $2555.00 = $120,085.00 spent on cigarettes at todays prices.
Now a hundred and twenty thousand dollars is in itself not enough to make you rich but you could buy some pretty nice stuff for that amount. The...
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