It’s no secret that our lifestyle choices affect our health, but did you know they also hit us where it hurts the most—our wallets? Let’s break down the real costs of some common bad habits.
1. Smoking
- Cost: Cigarettes range from $6 to $12 per pack. If you smoke a pack a day, that’s potentially over $4,000 annually.
- Additional Costs: Smoking makes health and life insurance more expensive.
- Tip: Consider quitting for both your health and your wallet.
2. Alcohol
- Cost: Fancy cocktails can set you back $20 each. A 30-pack of cheap beer at $15 per month still adds up to $200 annually.
- Lifetime Spends: Depending on where you live, average lifetime alcohol spending ranges from $68,000 to over $120,0001.
3. Fast Food
- Cost: The average person spends between $2,400 and $10,000 on fast food annually.
- Tip: Opt for home-cooked meals—they’re cheaper and healthier.
4. Other Substances
- THC: Marijuana and THC products cost around $600 to $700 per year on average.
- Note: The health impact of THC is still being researched.
Remember, every dollar spent on bad habits adds up over time. Make informed choices for both your health and your finances!
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